n SA Mercantile Law Journal = SA Tydskrif vir Handelsreg - Criticism, review and abrogation of the jingle rule in partnership insolvency : a comparative perspective
|Article Title||Criticism, review and abrogation of the jingle rule in partnership insolvency : a comparative perspective|
|© Publisher:||Juta Law Publishing|
|Journal||SA Mercantile Law Journal = SA Tydskrif vir Handelsreg|
|Publication Date||Jan 2008|
|Pages||307 - 330|
The division of the proceeds and the marshalling of the assets of insolvent partnerships' and partners' estates have been strongly influenced by the so-called jingle rule that runs as follows: 'Partnership estate to partnership creditors, private estate to private creditors, anything left over from either go to the other'. The term 'jingle rule' reflects the rule's popular appeal to resonance and superficial symmetry, rather than to commercial need or legal principle.
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