Dissolution and Winding-up Padua, Sharmaine T..docx - Padua...

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Padua, Sharmaine T. LAW BUS ORG / Sec. 3 Dissolution and Winding-up 1. AL was employed as Assistant Manager of Prime Company Limited, pursuant to a Partnership Resolution in 2018, with a monthly salary of P50,000. It was agreed that AL would receive only half of his monthly salary and was promised by the partners that the balance would be paid once the partnership gets additional operating funds from abroad. In 2019, without AL’s knowledge, the general partners as well as one of the limited partners sold and transferred their interest to BON and CARL who decided to transfer the firm’s main office but chose to continue the operation of the old partnership under its old firm name and with all its employees and workers except for AL. Upon learning of the changes in the partnership, AL went to the new main office to meet the new partners and demanded the payment of his unpaid salaries. The new partners refused to pay him saying that since they bought the business from the original partners, they are the ones to decide whether

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