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Chapter 2 - Gwu

Chapter 2 - Gwu

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RUPA on dissolution<br />

by judicial decree<br />

� § 801(5): A partnership is dissolved by a decree that<br />

� “(i) the economic purpose of the partnership is likely to be<br />

reasonably frustrated;<br />

� “(ii) another partner has engaged in conduct relating to the<br />

partnership business that makes it not reasonably<br />

practicable to carry on the business in partnership with that<br />

partner;<br />

� “or (iii) it is not otherwise reasonably practicable to carry on<br />

the partnership business in conformity with the partnership<br />

agreement”<br />

(c) 2004 182

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