Unfortunately the answers given do not give 100% understanding of Partnership liabilities.
The correct terminology, irrespective of how many partners there are - and ignoring a LLP scenario, is that the partners are "joint and severally liable".
This means that if, for example, the Partnership comprises two individuals, they are both liable for 100% of any debts or liabilities.
It does not matter if the Partnership agreement has a 50/50 split (or any other ratio), if one partner disappears the creditor can go after the other for the entire debt.
When suing a Partnership it would be rare to sue in the name of the Partnership - i.e. Bloggs & Co Ironmongers, it would (and should) be the case that two defendants are named so the action would be in the name of John Bloggs t/a Bloggs & Co and Fred Bloggs t/a Bloggs & Co.
Geoff
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