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Partnerships – Liquidation – Liquidator Election – Partnership Assets – Receivership (access required)

Even though the plaintiff-liquidator was properly elected by the plaintiff-limited partnerships, since the liquidator plans only to pursue certain of the limited partnerships' legal claims rather than winding up all of their affairs in this state, the court will exercise its inherent power to appoint a receiver for the limited partnerships. The defendants' motion to dismiss ...
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Published: April 2, 2007
Time posted: 1:00 am


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