There can be life and death struggles playing out in a courtroom. One of those struggles could involve the fate of a limited partnership. Through a judicial dissolution, the partnership could be broken apart and ended, or a party not filing for dissolution would have...
When it comes to the dissolution of a limited partnership, you can do it the easy way or the hard way. Written into your partnership agreement, you can spell out how and under what circumstances your partnership can be voluntarily broken up, or you can go to court and...
When the members decide to dissolve a limited liability company (LLC) in a court proceeding, it is generally the last resort for the aggrieved investors and business owners. It is an extreme court remedy which is initiated by a lawsuit from a member. It is often not...
