Revised Laws of Saint Lucia (2021)

62.   Rights where international partnership dissolved for fraud or misrepresentation

Where an international partnership contract is rescinded on the grounds of the fraud or misrepresentation of one of the parties thereto, the party entitled to rescind is without prejudice to any other right entitled —

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    (a)     to a lien on or right of retention of the surplus of the international partnership assets after satisfying the international partnership liabilities for any sum of money paid by him or her for the purchase of a share in the international partnership and for any capital contributed by him or her;

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    (b)     to stand in the place of the creditors of the international partnership for any payments made by him or her in respect of the international partnership liabilities; and

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    (c)     to be indemnified by the person guilty of the fraud or making the representation against all the debts and liabilities of the international partnership.