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EDERER v. GURSKY

9 N.Y.3d 514 (2007)

881 N.E.2d 204

851 N.Y.S.2d 108

LOUIS S. EDERER, Respondent, v. STEVEN R. GURSKY et al., Appellants.

Court of Appeals of the State of New York.

Decided December 20, 2007.

Attorney(s) appearing for the Case

Dreier LLP, New York City (Ira S. Sacks, Mark S. Lafayette and Melanie J. Sacks of counsel), for appellants.

Cowan, Liebowitz & Latman, P.C., New York City (J. Christopher Jensen and Maryann Penney of counsel), for respondent.

Judges CIPARICK, GRAFFEO, PIGOTT and JONES concur with Judge READ; Judge SMITH dissents in a separate opinion in which Chief Judge KAYE concurs.

OPINION OF THE COURT

READ, J.

This appeal calls upon us to explore the nature and scope of Partnership Law § 26 (b). We hold that this provision does not shield a general partner in a registered limited liability partnership from personal liability for breaches of the partnership's or partners' obligations to each other.

I.

The relationship that deteriorated into this acrimonious dispute...

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