Except in Louisiana where a partnership, like a corporation, is deemed a legal person, a partnership is typically deemed an association of people instead of as an entity with a different and independent existence.

A partnership can not exist beyond the lives of the individual partners.

The individual partners are taxed as individuals and are personally liable for torts and contractual responsibilities.

Each partner is viewed as the other’s representative and, traditionally, is jointly and severally liable for the tortious acts of any one of the partners.