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Home / Opinion Digests / Partnerships – Derivative Action – Standing – Adverse Interest (access required)

Partnerships – Derivative Action – Standing – Adverse Interest (access required)

In a dispute among siblings in a family limited partnership with varying partnership interests in a Springfield Toyota dealership, the brother who managed the dealership and alleged tortious actions by another brother, does not have standing to file a derivative suit against the partnership, because the plaintiff brother’s adverse economic interests as both landlord and ...

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