Nancy was a partner of a small business.She could see that the business was beginning to fail and that it was very unlikely it would recover.Not wanting to lose her investment,she asked that the court require the partnership to dissolve since she did not have a legal right to withdraw at that time.Does a court have the authority to order a partnership to dissolve?

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Under the Uniform Partnership Act (UPA), a court can dissolve a partnership if it determines that the partnership is unlikely to succeed. This can be at the request of a partner or partners, or even on its own motion. Therefore, Nancy may be able to have the partnership dissolved by the court if she can demonstrate that it is not likely to recover.

Nancy Was a Partner of a Small Business