Matthew Boulton, Esq and Others, Creditors of Samuel Garbet, A Bankrupt v Messrs Mansfield, Ramsay, and Co of Edinburgh,: HL 18 Apr 1787

Copartnery. – An agreement dissolved a Company, and transferred the retiring partner’s interest in stock, andc. of the concern, to the other partners, but provided that he was still to have a share of the profits of the concern. In a question with creditors, held, that the person so retiring was still a partner of the firm, and liable as such.

Citations:

[1787] UKHL 3 – Paton – 70

Links:

Bailii

Jurisdiction:

Scotland

Company, Insolvency

Updated: 23 March 2022; Ref: scu.581019