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· 11/2/1994

Kansallis Finance Ltd. v. Fern

Citations

  • 40 F.3d 476
  • 1994 WL 590426

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • noting that Massachusetts courts determine whether a partnership exists by considering three factors, among them the sharing by the parties of profits and losses and the participation by the parties in the control or management of the enterprise
  • “While a partnership undoubtedly requires an agreement among the partners, that agreement need not be in writing. Rather, intent to carry on business as partners may be inferred from the partners’ words and acts.”

Source: CourtListener parenthetical corpus (CC0).

Judges: Selya, Coffin, Stahl

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.