Takeovers (Commercial)

Format: Hardcover

Language: English

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Size: 11.69 MB

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The actions may be prosecuted against and defended by the limited partnership under the name of the limited partnership. (b) Rights and assets.--The dissolution of a limited partnership shall not affect the limited liability of a limited partner with respect to transactions occurring or acts or omissions done or omitted in the name of or by the limited partnership except that each limited partner shall be liable for his pro rata portion of the unpaid liabilities of the limited partnership up to the amount of the net assets of the limited partnership distributed to the limited partner in connection with the dissolution.

Pages: 288

Publisher: Sweet & Maxwell (January 4, 1994)

ISBN: 0851218903

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