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Home / Opinion Digests / Business Law / Satisfaction of partnership pact a jury question (access required)

Satisfaction of partnership pact a jury question (access required)

Where one party to a partnership agreement retained an appraiser to value the partnership over the other partner’s objection, and then purportedly exercised its option to purchase the other partner’s interest based upon that valuation, a jury will decide if the appraisal condition was satisfied. Background The plaintiff, Multi-Housing Tax Credit Partners XXX, and the defendant, Alexander ...