Passage of the Revised Uniform Partnership Act (RUPA) brought change in the treatment of partnerships as entities rather than aggregates of their members. The nature of the Gordian knot that binds individuals associated in partnership and the lingering ties between individuals formerly associated in partnership are examined, and the hidden costs of continuity that RUPA imposes on withdrawing partners are evaluated.
Robert W. Hillman,
RUPA and Former Partners: Cutting the Gordian Knot With Continuing Partnership Entities,
58 Law and Contemporary Problems
Available at: http://scholarship.law.duke.edu/lcp/vol58/iss2/2