
GS and FW's Equal Partnership Agreement establishes that the partners are entitled to revenue from their joint projects, and such rights survive the termination of the partnership. The agreement is governed by English law, with disputes subject to the exclusive jurisdiction of the English courts.
The partnership's addendum provides that, upon the death of a partner, all rights and obligations automatically pass to the surviving partner, who is responsible for completing projects, collecting all relevant funds, and distributing proceeds equitably, with the deceased partner's share allocated to their estate.
Legal experts confirm that the surviving partner may pursue collection independently without third-party involvement, and that the executor of the deceased's estate is limited to receiving and distributing the estate's share once collection and costs have been settled, without interfering in the collection process.
This framework provides a clear legal foundation for GS and Stander to manage and collect all outstanding receivables arising from the partnership projects.
