Special Report on
Partnership legal definition of partnership
Partnership legal definition of partnership - Trends
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Aggressive Marketer [Fortress Group] Promoted FLPs, Provided Complete Packages, Including Legal Documents for a Flat Fee Excessive Powers Over Operations, Distribution and Withdrawal are Retained Documentation of Transfer of Assets to FLP Delayed Simultaneous Transfers: FLP Formed and Gifts of FLP Units Made Founder of FLP has Power to Control GP/Replace GP Kimbell Circuit Court Rejected Implicit Control Doctrine Bongard applied a "Practical Control" Test FLP Formed When Founder was Very Old [95, 86, etc.] and/or Terminally III P/S Agreement Powers Vitiate General Partner's Fiduciary Duty There is a Lack of an Independent ...
Same-sex marriage supporters waved signs and sound bites flew outside the San Francisco federal courthouse Wednesday as U.S. District Judge Vaughn R. Walker prepared to hear closing arguments in the landmark Proposition 8 case . Two years ago, the California Supreme Court ruled the state’s ban on same-sex marriage violated the state Constitution. Proposition 8 amended the state Constitution and reinstated the ban. The state high court later ruled, 6-1, that the measure was valid but upheld the marriages of thousands of same-sex couples who wed before the controversial measure was passed by ... Read More
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