Surviving partner
Defined in 2 dictionaries — Case Law, Black's (1910)
Definitions from Case Law
From 58 U.S. 468 - Robert Wickliffe v. Benjamin Eve · 1854Most cited · 4 citing opinions
Charles Tiernan, being the surviving partner of the firm, had the sole right to defend the suit, as he represented the partnership property; in regard to which, the administrator of Luke Tiernan had a right to come into a court of equity by bill, to coerce the surviving partner to settle, and pay the debts of the firm with the joint property; and after the creditors of the partnership were satisfied, then Luke Tiernan's administrator might have come in on a bill, properly framed, for one third of the surplus, or as much more as Luke Tiernan was in advance to the firm.
Black's Law Dictionary
Henry Campbell Black, M.A. · 1910
The partner who, on the dissolution of the firm by the death of his copartner, occupies the position of a trustee to settle up its affairs.
Defined under Partner in Black's Law Dictionary.