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Commentary on Judgment No. 11342 of 2024: The Apparent Partner and Bankruptcy | Bianucci Law Firm

Commentary on Judgment No. 11342 of 2024: The Apparent Partner and Bankruptcy

The recent order No. 11342 of April 29, 2024, by the Court of Cassation offers significant food for thought regarding the figure of the apparent partner in the context of the bankruptcy of a partnership. This judgment is part of a crucial legal debate, which concerns not only the internal responsibilities of partners but also the protection of third parties who operate based on apparent legal relationships.

The Concept of the Apparent Partner

According to the principle established by the Court,

PARTNERSHIPS AND PARTNERS Apparent Partner - Declaration of Bankruptcy - Conditions - Proof of Partnership Relationship - Content. For the purpose of subjecting the apparent partner of a partnership to bankruptcy, as a consequence of the partnership's bankruptcy, it is not necessary to prove the stipulation and operation of a partnership agreement, but it is sufficient to prove conduct by the partner that constitutes an externalization of the relationship, even if it is non-existent in internal relations, to protect third parties who have relied on that appearance.

This statement clarifies that, for the liability of an apparent partner, proof of a formal agreement between partners is not required, but it is sufficient to demonstrate that the partner's conduct has created external credibility. This principle is based on the need to protect third parties who, in good faith, have relied on that apparent partner status.

Legal Implications

The principle expressed in judgment No. 11342 is founded on various provisions of the Italian Civil Code, particularly Articles 2247 and 2297, which deal respectively with partnerships and partner liability. Furthermore, the Bankruptcy Law, in Article 1, establishes the conditions for subjection to bankruptcy, highlighting the importance of an approach oriented towards protecting the rights of creditors and third parties.

The implications of this judgment are manifold:

  • Strengthened protection of third parties: third parties can rely on the apparent partner status and should not suffer harm due to the absence of internal formalities.
  • Clarity in commercial relationships: the decision calls for greater attention in managing internal company relationships, avoiding ambiguities that could lead to legal problems.
  • Extended liability for partners: apparent partners may find themselves liable even in the absence of a formal contract.

Conclusions

In summary, order No. 11342 of 2024 represents an important step in defining the legal boundaries concerning the apparent partner and bankruptcy. It emphasizes that, to ensure the protection of third-party rights, partners must act with transparency and responsibility. Companies and professionals should therefore pay particular attention to managing social relationships, avoiding the creation of ambiguous legal positions that could generate future legal problems.

Bianucci Law Firm