Does Texas Law Permit Contractual Conditions Precedent to Preclude Partnership Formation?

In Energy Transfer Partners, L.P. v. Enter. Prods. Partners, L.P., the Supreme Court of Texas recently affirmed a decision of the Court of Appeals for the Fifth District of Texas, in which the Court of Appeals held Texas law permits parties to conclusively agree that certain contractual conditions must be satisfied before a partnership can form.

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Revised Uniform Partnership Act TBOC § 152.051(b) TBOC § 152.052(a) TBOC § 152.003 593 S.W.3d 732 288 S.W.3d 886 Waiver Tort Terms and Conditions Termination Strict Liability Joint Venture Formal Contract Directors Contract Confidentiality Common Law Board of Directors