Joint activities

  • 2012-03-07
  • Marius Matiukas, Associate lawyer
ECOVIS Miškinis, Kvainauskas ir partneriai advokatų kontora(Continued from last issue)In case of relations with third persons, the partners shall not rely on limitations of the rights of the partner, who has concluded the transaction, to act on behalf of all the partners, except for the cases when they prove that at the time of conclusion of the transaction the third person knew of should have known about such limitations. The partner who has concluded the transaction on behalf of all the partners in abuse of the powers granted to him or who has concluded the transacti...
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