Search for: "Holding Limited Partnership"
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9 Apr 2019, 9:07 am
Pepper Law, PLC was recently successful in having the Business Court, located in Davidson County, pierce the veil of a limited partnership to hold the limited partner personally liable for a judgment rendered years earlier against the limited partnership. [read post]
13 Jan 2023, 2:16 am
What is a family limited partnership? [read post]
2 Nov 2020, 4:41 am
LLC, Decision and Order [Sup Ct, NY County Oct. 23, 2020], rendered first-impression holdings on each of these issues, raising important questions about the interplay between contractual and statutory withdrawal and dissolution principles for New York limited partnerships, the outcome of which may have enormous impact upon owners of New York limited partnerships. [read post]
30 May 2012, 3:14 pm
For this reason, most family limited partnerships are "holding companies" for assets accumulated in other business ventures. [read post]
20 Aug 2018, 10:14 am
A Delaware chancery judge drew a liberal comparison between a venture capital fund organized as a limited liability company and a limited partnership in holding that a member that had been forced out was entitled to fair value rather than the value of his capital account. [read post]
25 Jul 2017, 12:00 pm
Powell, now represents another taxpayer who failed to achieve estate tax savings through the creation and funding of a limited partnership. [read post]
9 Jun 2011, 4:40 pm
Supreme Court Holds That Invalidity Must Be Proved by Clear and Convincing Evidence By Donald Zuhn -- In the third patent decision to be issued by the Supreme Court in little more than a week, the Court in Microsoft Corp. v. i4i Limited Partnership held today that 35 U.S.C. [read post]
11 Jan 2019, 2:30 pm
” Mastered Limited Partnerships MLPs are business ventures that are publicly traded limited partnerships with two partnership classes: Limited partners, which are investors that bought MLP shares and are paid distributions periodically, and general partners, who are the MLP’s owners and are compensated according to how well the venture does. [read post]
21 Feb 2022, 4:21 am
Weinstein involved a family-owned, realty-holding New York limited partnership. [read post]
12 Sep 2007, 7:00 am
Attorney Timothy Davis discusses the Family Limited Partnership - one of many family holding companies designed to hold assets usually not used in direct operation of a trade or business to gain certain estate planning and tax advantages. [read post]
28 Apr 2012, 12:20 pm
How a FLP Works A family limited partnership functions much like a holding company, with general and limited partners who have an interest in the partnership. [read post]
1 Sep 2020, 6:00 am
Here, because the governing limited partnership agreements (the “Agreements”) did not include an express requirement limiting books and records rights to those “necessary and essential” to a proper purpose, the Supreme Court declined to imply one. [read post]
4 Oct 2022, 6:00 am
May 2, 2022)Under Delaware law, the purpose of a limited partnership and a general partner’s authority and fiduciary duties may be defined by the terms of a limited partnership agreement (“LPA”). [read post]
9 Feb 2011, 7:46 pm
The attorney and client are considering either a limited partnership (LP) with a LLC as the general partner or a limited liability limited partnership (LLLP) with the client acting individually as the general partner. [read post]
7 Sep 2010, 4:48 pm
Limited Partnership Lawyer (Ontario): Dissolving the Limited Partnership Toronto Partnership Lawyer: Limited Partnerships (Part 5) – Tax Considerations [read post]
7 Jan 2021, 10:00 pm
Brookfield reportedly holds all of the outstanding Class C limited partnership units in the REIT’s operating partnership. [read post]
26 Sep 2013, 4:30 am
You are the general partner when you create the family limited partnership. [read post]
8 Aug 2022, 3:10 am
” The Court explained: Section 1006 of the LLC Law states that a limited partnership ‘may’ convert to a limited liability corporation, without any intermediate steps, if the partners approve an agreement of conversion, the limited partnership files Articles of Organization with the Secretary of State including a statement that the partnership was converted to a limited liability company, and the limited… [read post]
22 Jan 2011, 10:23 pm
Of course, I'm not holding out Scrooge and Marley as a typical partnership or as a model of customer service. [read post]
22 Jul 2022, 12:15 am
Neither statutory provision immediately comes to my mind in the case of diversions of limited partnership distributions. [read post]
