Clark and Kent are attorneys and have formed an LLP.They take on various debts and obligations to operate the firm,including an installment contract to purchase computers and copy machines for the office.The LLP law in their state provides for liability protection for innocent partners should another partner cause liability through a tortious act.Clark is sued by Lois for civil assault and battery after he improperly touches her during an office meeting to discuss her divorce,in which Clark is representing her.The amount of her judgment exceeds the assets of the LLP,and the LLP dissolves.What is Clark and Kent's liability for the judgment and other firm debts?

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The Answer of Clark and Kent are attorneys and have formed an LLP.They take on various debts and obligations to operate the firm,including an installment contract to purchase computers and copy machines for the office.The LLP law in their state provides for liability protection for innocent partners should another partner cause liability through a tortious act.Clark is sued by Lois for civil assault and battery after he improperly touches her during an office meeting to discuss her divorce,in which Clark is representing her.The amount of her judgment exceeds the assets of the LLP,and the LLP dissolves.What is Clark and Kent's liability for the judgment and other firm debts?

Clark and Kent Are Attorneys and Have Formed an LLP