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Open Access. Powered by Scholars. Published by Universities.®

1995

Federal legislation

Law and Contemporary Problems

Articles 1 - 2 of 2

Full-Text Articles in Law

Rupa And Former Partners: Cutting The Gordian Knot With Continuing Partnership Entities, Robert W. Hillman Apr 1995

Rupa And Former Partners: Cutting The Gordian Knot With Continuing Partnership Entities, Robert W. Hillman

Law and Contemporary Problems

Passage of the Revised Uniform Partnership Act (RUPA) brought change in the treatment of partnerships as entities rather than aggregates of their members. The nature of the Gordian knot that binds individuals associated in partnership and the lingering ties between individuals formerly associated in partnership are examined, and the hidden costs of continuity that RUPA imposes on withdrawing partners are evaluated.


The Limited Liability Company Experiment: Unlimited Flexibility, Uncertain Role, Wayne M. Gazur Apr 1995

The Limited Liability Company Experiment: Unlimited Flexibility, Uncertain Role, Wayne M. Gazur

Law and Contemporary Problems

Limited liability company (LLC) laws utilize provisions clearly of partnership origin in varying degrees. The adoption of the Uniform Limited Liability Company Act and the LLC are discussed.