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

• Category: Partnerships - General
• State: Multi-State
• Control #: US-MOT-01401
• Format: Word; Rich Text

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.

A New Hampshire 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 state of New Hampshire when a partnership wishes to dissolve and wrap up all its financial and operational matters. This motion serves as a request to the court to appoint a special master receiver, who will act as a neutral third party responsible for overseeing the dissolution process, managing the partnership's assets, and settling any outstanding liabilities. Keywords: New Hampshire, Motion for Appointment, Special Master Receiver, Dissolve Partnership, Dispose of Assets, Settle Affairs, Assets and Liabilities. There are no specific variations or types of this motion mentioned, but it is important to note that the specific details and circumstances of each partnership will shape the content of the motion. Here is a detailed description of what this motion may entail: Title: New Hampshire Motion for Appointment of Special Master Receiver to Dissolve Partnership, Dispose of Assets and Settle all Affairs as to Assets and Liabilities Introduction: This New Hampshire Motion for Appointment of Special Master Receiver is filed by [Name of Party] on behalf of [Name of Partnership], hereinafter referred to as the "Partnership." The purpose of this motion is to request the court to appoint a special master receiver to oversee the dissolution of the Partnership, dispose of its assets, and settle all affairs pertaining to its assets and liabilities. Background: Provide a brief overview of the Partnership, its formation, purpose, and any relevant history or previous legal disputes. Partnership Dissolution: Explain the reasons for the partnership's dissolution, such as expiration of a fixed term, disagreement among partners, or completion of the intended purpose. Include relevant dates and events leading to the decision to dissolve. Appointment of Special Master Receiver: Request the court to appoint a special master receiver, an impartial and knowledgeable individual, to handle the dissolution process in an equitable manner. Emphasize that a special master receiver will provide expertise and objectivity, ensuring fair treatment of all parties involved. Special Master Receiver's Duties: Outline the specific responsibilities and duties expected from the special master receiver. These may include: 1. Asset Evaluation and Disposal: Request the receiver to evaluate all partnership assets, both tangible and intangible, and propose the most appropriate methods for their disposal. This may involve conducting appraisals, engaging in negotiations, or organizing auctions or sales. 2. Debt and Liability Settlement: Instruct the special master receiver to identify and assess all outstanding debts, liabilities, and obligations held by the Partnership. Request that they take necessary actions to settle these, including negotiation, payment, or legal resolution. 3. Proper Record-Keeping: Request the special master receiver to maintain accurate records of all transactions, communication, and decisions made throughout the dissolution process. This ensures transparency and facilitates a smooth conclusion. 4. Reporting and Communication: Specify that the special master receiver should regularly report the progress of the dissolution to the court and all relevant parties. Establish a timeline or frequency for these reports. Conclusion: Summarize the key points of the motion and reiterate the importance of appointing a special master receiver to efficiently and fairly dissolve the Partnership, dispose of assets, and settle all affairs pertaining to assets and liabilities. Signature: Include the date and the signature of the individual filing the motion, along with their contact information and any supporting documentation required by the court. Please note that the content provided is a general guide and should be customized to fit the specific circumstances of the partnership's dissolution and the requirements of the New Hampshire court system. It is advisable to seek legal counsel for precise guidance in preparing and filing this motion.