Article 52 — Existence and Dissolution

1/ A law firm shall not be dissolved because of the death of partners, when a partner leaves the firm, loss of capacity of a partner or any change that may put the partners in trouble; 2/ Notwithstanding the provisions of Sub- Article (1) of this Article, a law firm may be dissolved in one of the following grounds: a) when the partners agree to dissolve the law firm; b) when a court declares the law firm bankrupt; c) when the advocacy licenses of all partners are revoked; or d) when the number of partners who have valid advocacy license is reduced to one and it is not possible to increase the number of partners who have valid advocacy license at least to two, within six months. 3/ Notwithstanding the provision of Sub- Article (2) paragraph (d) of this Article, if the remaining partner presents his request to the Attorney General before the lapse of the six month period and where the Attorney General finds it necessary, it may allow the extension of the six months period by three months; 4/ Unless otherwise provided in Sub-Article (3) of this Article, the partner shall be jointly and severally liable with the law firm for obligation of the law firm where he continues the operation of the firm for more than six months after being aware of the fact that the number of partner of the partnership reduced to one; 5/ A law firm, when dissolved, shall be cancelled from the register; ‹ 6/ Provisions related to the dissolution of limited liability partnership provided in the Commercial Code and other laws, shall apply to govern the dissolution of a law firm.