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partnership debts

Definitions from Case Law · United States Supreme Court

Definitions from Case Law

From 228 U.S. 695 - Francis v. McNeal · 1913Most cited · 296 citing opinions

The fact remains as true as ever that partnership debts are debts of the members of the firm, and that the individual liability of the members is not collateral like that of a surety, but primary and direct, whatever priorities there may be in the marshaling of assets.

How often courts cite the case defining “partnership debts”

191019201940196019802000100

Court decisions citing the opinion that defined “partnership debts” — 290 in all, by decade. Counts are citations to the defining case as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.