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AI Overview

The book "Higgins and Fletcher the Law of Partnership in Australia and New Zealand" is a comprehensive legal text authored by P.F.P. Higgins and Keith L. Fletcher. Here is a detailed overview of the book:

Key Themes

  1. Partnership Law: The book covers the fundamental principles and practical aspects of partnership law in both Australia and New Zealand.
  2. Formation and Operation: It delves into the formation of partnerships, including the various types of partnerships, their operation, and the legal implications.
  3. Fiduciary Obligations: The text examines the fiduciary duties and obligations of partners, which are crucial in maintaining the integrity of a partnership.
  4. Transactions and Legal Actions: It discusses transactions between partners and third parties, as well as legal actions that can be taken by or against partners.
  5. Bankruptcy and Winding Up: The book addresses the consequences of bankruptcy and winding up on partnerships, including the impact on partnership assets and liabilities.

Plot Summary

The book is structured to provide a thorough understanding of partnership law, making it suitable for both legal practitioners and tertiary law students. It includes detailed discussions on:

  • Legislative Changes: The text interprets recent legislative changes, such as those related to incorporated limited partnerships.
  • Case Law Developments: It updates material on various topics, including carrying on business, incomplete ventures, and entitlement to share in post-dissolution revenue profits.
  • Accounting for Benefits and Liabilities: The book covers accounting for benefits and liabilities, including liability for equitable wrongs and whether liquidation of a corporate partner is equivalent to bankruptcy.
  • Limitation of Actions: It discusses the limitation of actions in the context of partnership law.

Critical Reception

While specific critical reviews are not provided in the search results, the book's reputation as a comprehensive and authoritative text in the field of partnership law is evident. The book has been published in multiple editions, with the most recent edition available being the 9th edition of "The Law of Partnership in Australia" by Thomson Reuters, which indicates ongoing relevance and trustworthiness in the legal community.

Editions

The book has been published in several editions:

  • 4th Edition (1981): This edition is listed in the National Library of Australia's catalog.
  • First Edition (1970): The first edition was published by The Law Book Co. and is available in hardcover.
  • 9th Edition (2007): This edition is published by Thomson Reuters and includes updates on legislative changes and case law developments.

Availability

The book is available in various formats, including hardcover and softcover, from different publishers. The 9th edition is available from Thomson Reuters, while earlier editions can be found through other sources like AbeBooks.

In summary, "Higgins and Fletcher the Law of Partnership in Australia and New Zealand" is a seminal work in the field of partnership law, providing a comprehensive and authoritative guide for legal practitioners and students alike. Its multiple editions reflect its ongoing relevance and importance in the legal community.