New York Consolidated Laws

N.Y. Partnership Law § 61 (2026)

Partnership not terminated by dissolution

✓ current as of May 2026

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§ 61. Partnership not terminated by dissolution.  On dissolution the
partnership is not terminated, but continues until the winding up of
partnership affairs is completed.

Notes of Decisions

Cited in 17 cases, 1981–2013 · leading case: Ebker v. Tan Jay Int'l Ltd., 741 F. Supp. 448 (S.D.N.Y. 1990).

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Ebker v. Tan Jay Int'l Ltd., 741 F. Supp. 448 (S.D.N.Y. 1990). “, 1961); N.Y. Partnership Law § 60 (McKinney 1988).”

North River Ins. v. Spain Oil Corp., 135 Misc. 2d 480 (N.Y. Sup. Ct. 1987). · cites it 2× “A partnership or joint venture, however, continues to exist for the purpose of winding up claims and obligations (Partnership Law § 61; 16 NY Jur 2d, Business Relationships, § 1602; Matter of Silverberg [Schwartz], 81 AD2d 640 ).”

Sitchenko v. DiResta, 512 F. Supp. 758 (E.D.N.Y 1981). “Defendants assert that the Partnership “has not existed, and there have been no winding up activities since shortly after the dissolution dated May 15, 1978.”

220-52 Assocs. v. Edelman, 241 A.D.2d 365 (N.Y. App. Div. 1997). “Plaintiff’s service of his May 11, 1995 notice of his election to dissolve the at-will partnership, demanding that the winding up of partnership affairs commence immediately (Partnership Law §§ 61, 68), accomplished the dissolution of the partnership (Partnership Law § 62 [1]…”

Lai v. Gartlan, 46 A.D.3d 237 (N.Y. App. Div. 2007). “” In fact, the law is clear that a partnership is not terminated upon dissolution, but rather continues for the purpose of winding up until such affairs are completed (Partnership Law § 61; see also Scholastic, Inc.”

Scholastic Inc. v. Harris, 80 F. Supp. 2d 139 (S.D.N.Y. 1999). “N.Y. Partnership Law § 61 (McKinney’s 1999).”

Mudge Rose Guthrie Alexander & Ferdon v. Pickett, 11 F. Supp. 2d 449 (S.D.N.Y. 1998). “Accord, N.Y. Partnership L. § 61 . 16 . Id. at 549 .”

Pastor v. State Tax Comm'n, 115 A.D.2d 144 (N.Y. App. Div. 1985). “Partnership Law § 61, which provides that liquidation upon dissolution continues until winding up of partnership affairs is completed, refers to continuation of partners’ liability for debts of the partnership. The statute does not prolong the life of an otherwise unviable…”

Allied Bingo Supplies of Florida, Inc. v. Hynes, 27 A.D.3d 597 (N.Y. App. Div. 2006). “Since John Hynes and Allied Bingo had no agreement to the contrary, John Hynes’ right to an accounting of the partnership accrued on the date the partnership dissolved, i.”

Murphy v. Gutfreund, 624 F. Supp. 444 (S.D.N.Y. 1985). “" N.Y.Partnership Law § 61 (McKinney 1948).”

Yorkes v. Ross, 142 A.D.2d 642 (N.Y. App. Div. 1988). “When a partnership is dissolved, it is not terminated until the partnership affairs are wound up (see, Partnership Law § 61). Dissolution terminates a partner’s authority to act for the partnership except to the extent necessary to wind up partnership affairs (see, Partnership…”

Keogh v. Breed, 224 A.D.2d 180 (N.Y. App. Div. 1996). “Dissolution does not terminate a partnership as the partnership continues until the winding up of all partnership affairs (Partnership Law § 61). The agreement provides nothing to the contrary.”

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