The personal creditors of a general partner or a limited partner have no rights to the partnership’s assets for the purposes of satisfying or securing their claims.
Enforcement proceedings brought by them are limited to the interest, profit and share in the proceeds of liquidation payable to their debtor and any fees due to him in his capacity as partner.
0 commentaries
No commentaries are available for this article yet.
Continue your research in ChatGPT or Claude
Connect Omnilex to search the legal corpus from your AI assistant.