Appellants lack authority to enter into the contemplated 99-year lease even if such lease were to be deemed in the ordinary course of the partnership's business. A partner's authority to bind the partnership to transactions apparently in the ordinary course of the partnership's business (see, Partnership Law § 20 [1]) does not affect the right of partners as between themselves to prevent contemplated transactions with third parties, or otherwise to assert their...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.
