Partnership By Estoppel Lawyers

Authored by , LegalMatch Content Manager

Find a Lawyer

What Does "Partnership By Estoppel" Mean?

In some situations, based on your statements and/or conduct, the court will consider you a partner even if you have not actually entered into a partnership agreement

Partnership by estoppel means that a person who is not technically a partner can be held liable as a general partner would be for any debts and damages owed to a third party. 

Am I at Risk of Being Held Liable as a Partner?

Any person who is determined to be a partner will be liable for all partnership debts should the partnership be unable to pay its creditors. You can be held liable as a partner by estoppel if the following has occurred:

Generally a partner by estoppel is created when someone is:

Should I Contact an Attorney About My Partnership Issue?

If you believe that you are not in fact involved in a partnership and someone is trying to collect from you as a partner, an attorney with business litigation experience can represent you to protect your rights and interests.

Consult a Lawyer - Present Your Case Now!
Last Modified: 11-21-2013 12:18 PM PST

Find the Right Lawyer Now

Did you find this article informative?

Link to this page

Law Library Disclaimer

Partnership By Estoppel Lawyers,  partnership estoppel lawyers,partnership estoppel,liable partner,business law,partner,partnership,legal,law,business,estoppel,right,lawyer,lawyers,liable,company,rights,management,litigation,creditors,pagetracker,corporations,attorney