Ownership of Partnership Property Passes to Remaining Partners When a Partner Dies
On January 12, 2022, the Second Department issued a decision in Abruzzi v. Bond Realty, Inc., 2022 NY Slip Op. 00156, holding that on a partner’s death, ownership of partnership property passed to the surviving partners, not the deceased partner’s estate . . . Continue reading Ownership of Partnership Property Passes to Remaining Partners When a Partner Dies