Partnership Law - Does a Partner's Desire to Terminate the Partnership at a Later Date Constitute Dissolution?

The Supreme Court of Texas recently issued an opinion in Buck v. Palmer on the issue of whether statements of intent to discontinue a joint venture cause automatic dissolution of the venture as a matter of law.  The Court held that statements expressing intent to dissolve at a future date does not terminate the partnership immediately as a matter of law.

Read the case note in Related Content, below.  Read the full case HERE.