N.Y. Partnership Law § 63: Dissolution by decree of court

§ 63. Dissolution by decree of court. The court shall decree a

dissolution.

1. On application by or for a partner whenever:

(a) A partner has been declared incompetent in any judicial proceeding

or is shown to be of unsound mind,

(b) A partner becomes in any other way incapable of performing his

part of the partnership contract,

(c) A partner has been guilty of such conduct as tends to affect

prejudicially the carrying on of the business,

(d) A partner wilfully or persistently commits a breach of the

partnership agreement, or otherwise so conducts himself in matters

relating to the partnership business that it is not reasonably

practicable to carry on the business in partnership with him,

(e) The business of the partnership can only be carried on at a loss,

(f) Other circumstances render a dissolution equitable;

2. On the application of the purchaser of a partner's interest under

sections fifty-three or fifty-four:

(a) After the termination of the specified term or particular

undertaking,

(b) At any time if the partnership was a partnership at will when the

interest was assigned or when the charging order was issued.