Overview of "An Outline of the Law of Partnership" by Stephen Graw

Key Themes:

• Formation, Operation, and Termination of Partnerships: The book explains and illustrates the major legal principles governing the formation, operation, and termination of partnerships.
• Statutory Changes: It updates relevant statutory provisions, including changes from the Business Names Registration Act 2011 (Cth), the Limited Partnerships Act 2016 (WA), and the Federal Court Rules 2011 (Cth).
• Regulation of Partnership Property: The book covers the regulation of partnership property and the rights and obligations of partners towards each other.
• Cessation of Partnerships: It dedicates chapters to addressing topics concerning the cessation of a partnership, including termination processes and their legal implications.

Plot Summary: The book is divided into 11 manageable chapters, providing an excellent overview of the law of partnership in each Australian state. It proceeds on the assumption that the reader has no background in this area of the law, helpfully introducing the concept of a partnership and its formation process. The book covers pertinent topics in partnership law, including the regulation of partnership property, the rights and obligations of partners, and the cessation of partnerships.

Critical Reception: While specific reviews are not provided in the search results, the book is highly recommended for practitioners in the field of corporate law or those intending to become partners in a law firm. It is praised for its clear explanations and practical examples, making it an essential resource for understanding the law of partnership in Australia.

Editions and Updates: The book has been updated to reflect recent statutory changes and includes references to major and minor new cases. The fifth edition, as mentioned in one source, updates all relevant statutory provisions and expands existing explanations with additional examples to illustrate how the law applies in practice. The fourth edition, mentioned in another source, was published in August 2011 and was highly recommended for its comprehensive coverage of partnership law.

Author and Publisher: The book is authored by Stephen Graw and published by Thomson Reuters Australia. The copyright is held by Thomson Reuters (Professional) Australia Limited.