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18 Sep 2023, 4:34 am by Franklin C. McRoberts
Alternatively, the petitioners might sue to dissolve under Partnership Law § 63 (1) (f). [read post]
12 Nov 2019, 11:22 am by Jay R. McDaniel, Esq.
  In that case, the person claiming an equity interest was never given a Schedule K-1. [read post]
7 Nov 2022, 1:56 pm by Paul S.O. Barbeau
  Each of the general partners owns a 50% share of the partnership interest. [read post]
22 Jan 2018, 3:44 am by Franklin C. McRoberts
” The Court’s Analysis of Deadlock In Seligson v Russo, 16 AD3d 253 [1st Dept 2005] – the most recent appeals court decision to consider Partnership Law 63(1)(f) – the court held, “[i]n light of the 50-50 deadlock between the parties and the consequent inability of the partnership to make any decisions, it was equitable to dissolve this partnership. [read post]
12 Jul 2021, 3:53 am by Peter Mahler
Rather, Leonard contends that the tree farm business and the property on which it operates is owned by a 50/50 partnership between him and Cummins formed in 2004 pursuant to an oral partnership agreement. [read post]
26 Apr 2018, 2:36 pm by Michael Farinacci, Stephen P. Younger
  Section 62(1)(b) provides that a partner may unilaterally dissolve a partnership, without violating the partnership agreement, if the agreement does not state a “definite term or particular undertaking. [read post]
8 Oct 2014, 5:53 am by Cari Rincker
Some provisions that should be considered in the partnership agreement include the following: 1. [read post]
23 Oct 2017, 3:31 am by Peter Mahler
Echoing the lower court’s decision, the court noted that “calling an organization a partnership does not make it one. [read post]
24 Jun 2016, 5:30 am by Kori Shafer-Stack
  This arrangement does not impact standard functional rehabilitation, known as Tier 1 care. [read post]
1 Jul 2016, 5:30 am by Kori Shafer-Stack
  This arrangement does not impact standard functional rehabilitation, known as Tier 1 care. [read post]
1 Jul 2021, 1:00 am by Emma Kent
That the Act, as amended, treats PACS equivalent to civil partnership does not mean that it recognises the French status from its inception (the point of registration). [read post]
9 Sep 2013, 5:52 am by Doug Cornelius
§ 1.7704-1(j) provides for interests in a partnership to be deemed not readily tradable on a secondary market or the substantial equivalent thereof if the sum of the percentage interests in partnership capital or profits transferred during the taxable year of the partnership does not exceed 2 percent of the total interests in partnership capital or profits. [read post]
25 Nov 2013, 3:45 am by Peter Mahler
The NYULPA, which is codified in §§ 90 through 119 of the Partnership Law, does not include a provision authorizing judicial dissolution of a limited partnership. [read post]
3 Dec 2009, 4:00 am
But the regulations have their own definition of a private placement: (1) the issuance of the partnership interests had to be exempt from registration under the Securities Act of 1933, and (2) the partnership does not have more than 100 partners at any time during the tax year of the partnership. 26 C.F.R. [read post]