Question: Labrum & Doak, LLP, was a law partnership that began in 1904 in Pennsylvania. John Seehousen, Jonathan Herbst, and James Hilly were partners of Labrum

Labrum & Doak, LLP, was a law partnership that began in 1904 in Pennsylvania. John Seehousen, Jonathan Herbst, and James Hilly were partners of Labrum & Doak. They withdrew from the partnership in 1993, 1995, and 1997. They did not give creditors notice of their withdrawals from the LLP. In 1997, the LLP was dissolved. When the LLP's assets were insufficient to pay creditors' claims, the LLP's creditors argued that Seehousen, Herbst, and Hilly were liable for the malpractice of the firm's partners, which malpractice occurred after the three former partners had left the partnership. Were they found liable?

Step by Step Solution

3.35 Rating (182 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Yes The former law partnership partners were liable for the malpractice th... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

310-L-B-L-P (22).docx

120 KBs Word File

Students Have Also Explored These Related Business Law Questions!