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Court of Appeals of New York


Bailey v. Fish & Neave, 61

In case involving the propriety of an amendment to a law firm partnership agreement affecting compensation to withdrawing partners and passed by a majority of the shares in interest of the partnership, dismissal of complaint brought by withdrawing partners is affirmed as, under the agreement, all questions related to the partnership may be decided by a majority vote and the partnership agreed to be bound by the "decision of the majority" on all partnership questions.

Appellate Information

  • Decided 05/08/2007
  • Published 05/08/2007

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  • Court of Appeals of New York

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