The Old - New Legacy of the General Partnership and Limited Partnership. Observations on the Rules for the ipso iure Dissolution of General Partnership and Limited Partnership Cover Image

The Old - New Legacy of the General Partnership and Limited Partnership. Observations on the Rules for the ipso iure Dissolution of General Partnership and Limited Partnership
The Old - New Legacy of the General Partnership and Limited Partnership. Observations on the Rules for the ipso iure Dissolution of General Partnership and Limited Partnership

Author(s): Adam Boóc
Subject(s): Law, Constitution, Jurisprudence, Civil Society, Public Law
Published by: Partiumi Keresztény Egyetem
Keywords: general partnership; limited partnership; death of one of the members; ipso iure dissolution; Civil Code

Summary/Abstract: The study examines the case where a member of a general partnership or limited partnership dies and the partnership becomes a single-member partnership, although the law requires it to have at least two members. Until recently, the law dealt with this situation by providing that the company would automatically cease to exist after a certain period of time. This paper describes the recent change and the legal policy reasons for it.

  • Issue Year: 2023
  • Issue No: 1
  • Page Range: 3-13
  • Page Count: 11
  • Language: English
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