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CONKLIN FARM v. LEIBOWITZ

274 N.J. Super. 525 (1994)

644 A.2d 687

CONKLIN FARM, PLAINTIFF-APPELLANT, v. DORIS LEIBOWITZ, DEFENDANT-RESPONDENT.

Superior Court of New Jersey, Appellate Division.

Decided July 12, 1994.

Attorney(s) appearing for the Case

Howard C. Trueger argued the cause for appellant (Howard C. Trueger, attorney; Mr. Trueger of counsel, and Marisa A. Taormina on the brief).

Michael V. Gilberti argued the cause for respondent (Budd Larner Gross Rosenbaum Greenberg & Sade, attorneys; Michael M. Rosenbaum and Michael V. Gilberti on the brief).

Before Judges R.S. COHEN and D'ANNUNZIO.

The opinion of the court was delivered by R.S. COHEN, J.A.D.

A person admitted as a partner into an existing general partnership is liable for all partnership obligations arising before his admission, but, in the absence of contrary agreement,1 this liability may be satisfied only out of partnership property. N.J.S.A. 42:1-17. Partnership obligations arising after the new partner...

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