Partnership Agreement: Who Reads Those Things Anyway?
by William J. Piercy
Kellett v. Kumar, 281 Ga. App. 120 (2006). This case highlights the importance of complying with the express terms of a partnership agreement. In 1980, Surender Kumar, Veeni Kumar, and Ellen Troup (collectively, the “Limited Partners”) invested and became limited partners in Westbury Associates, Limited Partnership (“Westbury”). …