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Home / Opinion Digests / Partnerships – Foreign LP – Virginia Dissolution (access required)

Partnerships – Foreign LP – Virginia Dissolution (access required)

In this first-impression case, a Norfolk Circuit Court says it has no jurisdiction to dissolve a Georgia limited partnership, even though none of the LP’s assets - a $20 million brokerage account - or its family-feud partners have any connection to Georgia and defendants waited until the eve of trial to seek dismissal. Defendants argue ...

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