A Massachusetts Motion for Appointment of Special Master Receiver to Dissolve Partnership, Dispose of Assets, and Settle all Affairs as to Assets and Liabilities is a legal document filed in the Massachusetts court system. This motion requests the court to appoint a special master receiver to oversee the dissolution of a partnership, the disposal of assets, and the resolution of all financial matters related to partnership assets and liabilities. The purpose of this motion is to ensure that the dissolution process is conducted in a fair and organized manner, protecting the rights and interests of all involved parties. By appointing a special master receiver, who is an independent and neutral third party, the court aims to facilitate an efficient and equitable resolution for all stakeholders. The appointed special master receiver will be tasked with various responsibilities, including identifying and valuating partnership assets, conducting a thorough inventory of all assets and liabilities, negotiating the sale or transfer of assets, and distributing the proceeds among the partners or creditors according to their respective rights and claims. Additionally, the special master receiver will be responsible for resolving any disputes arising during the dissolution process, mediating between the partners if necessary, and ensuring that all legal obligations are met. This may involve addressing issues related to contract obligations, outstanding debts, tax liabilities, or any other liabilities that the partnership may have incurred. Some relevant keywords for this motion include: Massachusetts court system, dissolution of partnership, partnership assets and liabilities, appointment of special master receiver, disposal of assets, settlement of affairs, fair resolution, stakeholders' rights, inventory of assets and liabilities, valuation of assets, sale or transfer of assets, distribution of proceeds, dispute resolution, mediation, legal obligations, contract obligations, outstanding debts, tax liabilities. It's important to note that while this description provides a general overview of a Massachusetts Motion for Appointment of Special Master Receiver to Dissolve Partnership, Dispose of Assets, and Settle all Affairs as to Assets and Liabilities, there may be variations or specific types of motions under this category. It is always recommended consulting a legal professional for accurate and specific advice tailored to your unique situation.
Massachusetts 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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How to fill out Massachusetts 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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2 Essentially, the special master is someone who serves a limited purpose for the court to do things the parties want it to do, to make some difficult findings of facts, or do things that would be impractical for a judge to do or administer.
Judges appointed special masters in about 60% of these cases, that is, in fewer than 2 cases in 1,000 (0.2%).
In the law of the United States, a special master is generally a subordinate official appointed by a judge to ensure judicial orders are followed, or in the alternative, to hear evidence on behalf of the judge and make recommendations to the judge as to the disposition of a matter.
The role of the special master (who is frequently, but not necessarily, an attorney) is to supervise those falling under the order of the court to make sure that the court order is being followed, and to report on the activities of the entity being supervised in a timely matter to the judge or the judge's designated ...
By exam- ining a random national sample of docket entries referring to special masters (including court-appointed experts), we found that in about 3 cases out of 1,000 (0.3%), judges or parties considered formally, on the record, whether a special master should be appointed (see Table 1).
The role of the special master (who is frequently, but not necessarily, an attorney) is to supervise those falling under the order of the court to make sure that the court order is being followed, and to report on the activities of the entity being supervised in a timely matter to the judge or the judge's designated ...
Theoretically, a "special master" is distinguished from a "master". A master's function is essentially investigative, compiling evidence or documents to inform some future action by the court, whereas a special master carries out some direct action on the part of the court.