Kentucky Motion for Appointment of Special Master Receiver to Dissolve Partnership, Dispose of Assets and Settle all Affairs as to Assets and Liabilities

State:
Multi-State
Control #:
US-MOT-01401
Format:
Word; 
Rich Text
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Description

Defendant/Counter-Plaintiff files a motion for the appointment of a special master/receiver for the purpose of the dissolution of the partnership, disposition of assets, payment of liabilities, and settlement of partnership affairs. Since the dissolution, plaintiff/counter-defendant and defendant/counter-plaintiff had been unable to agree on the disposition of the partnership assets, liabilities, and settlement of its affairs.
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  • Preview Motion for Appointment of Special Master Receiver to Dissolve Partnership, Dispose of Assets and Settle all Affairs as to Assets and Liabilities
  • Preview Motion for Appointment of Special Master Receiver to Dissolve Partnership, Dispose of Assets and Settle all Affairs as to Assets and Liabilities
  • Preview Motion for Appointment of Special Master Receiver to Dissolve Partnership, Dispose of Assets and Settle all Affairs as to Assets and Liabilities

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FAQ

You can cancel/dissolve a Domestic Limited Liability Limited Partnership by filing a Statement of Dissolution . You can also terminate a Domestic LLLP by filing a Statement of Termination .

8 Steps to Dissolving a Limited Partnership Examine Your Limited Partnership Agreement. ... Vote to Dissolve Your Limited Partnership. ... File Dissolution Papers. ... Publish Notice of Your Dissolution. ... Review Your Third-Party Contracts. ... Liquidate Your Assets and Settle Your Debts. ... Distribute Remaining Assets to Partners.

What is the process for liquidating a partnership business? The liquidation of a business partnership is similar in nature to that of a limited company. A licensed insolvency practitioner (IP) must administer the procedure, which is called Creditors' Voluntary Liquidation, or CVL.

5 steps to dissolve a partnership. Dissolving a partnership includes reviewing your agreement, discussing the situation with your partner, preparing dissolution papers, closing accounts, and then communicating the change to relevant parties.

5 steps to dissolve a partnership. Dissolving a partnership includes reviewing your agreement, discussing the situation with your partner, preparing dissolution papers, closing accounts, and then communicating the change to relevant parties.

There are three causes of dissolution: (1) by act of the partners?some dissociations do trigger dissolution; (2) by operation of law; or (3) by court order.

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Kentucky Motion for Appointment of Special Master Receiver to Dissolve Partnership, Dispose of Assets and Settle all Affairs as to Assets and Liabilities