Archive for January, 2009

Jan
20

Well-structured limited partnership

January 20th 2009 by admin in Business 0 comments

Well-structured limited partnership agreements provide that the general partners and the limited partners cannot sell, give, or in any manner dispose of their interests in the limited partnership without the consent of all the other partners. This provision works well in the asset protection arena.
If a creditor has a judgment against a partner, that creditor [...]