Virginia court can’t dissolve LP formed elsewhere
A first-impression case on partnerships
By Deborah Elkins
Published: January 26, 2010
Tags: Judge Mary Jane Hall, Norfolk Circuit Court
A limited partnership formed under another state’s laws can’t be dissolved by a Virginia court, a Norfolk Circuit Court held last week in a case of first impression.
The Valone family formed a limited partnership under Georgia law, to be governed by Georgia law, even though the partnership, its partners and its assets, purportedly had no ...
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