Limited Partnership

This consultation paper forms part of the joint review of partnership law, undertaken at the request of the Minister of State at the Department of Trade and Industry. Part 2 gives a brief overview of the existing law; Part 3 discusses the formal requirements for establishing and operating a limited partnership; Part 4 examines the liability and role of the limited partner and the withdrawal of capital; Part 5 discusses the rights and obligations of partners; Part 6 lists consultation questions and provisional proposals of the joint Commission.

"The new Peter Finley mystery".

For those seeking to form or work with limited partnerships, understanding the legal framework governing these entities is critical. Clement Bates provides a detailed overview of the law of limited partnerships, covering formation, governance, taxation, and more. This book is an essential resource for anyone working with limited partnerships. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

The first complete guide containing everything needed to form, operate and dissolve a Delaware limited partnership, including forms prepared by the authors, explanations of every statutory section, and analysis of fiduciary duties, protections, reorganization, foreign limited partnerships, derivative actions, and indemnification rights. By Martin I. Lubaroff and Paul M. Altman. The text of every section of the Delaware Revised Uniform Limited Partnership Act, as revised from 1983 through 2011, is set out in full, showing additions and deletions in each version of the act. The explanations of every statutory section cover all practical aspects of forming, operating, and dissolving a limited partnership. Thorough explanations of statutory provisions are integrated with detailed analysis of case law from Delaware. Plus, timely coverage is given to critical legal issues: Fiduciary duties of the partners Protections related to the liability of limited partners Defining the financial aspects of the limited partnership General and limited partners Reorganization of a limited partnership with or into other types of business entities Foreign limited partnerships Derivative actions Indemnification rights that can be granted to partners under a partnership agreement Delaware limited liability companies