Absent Creditor Reliance, A Limited Partner Who Is a Director of the Corporate General Partner Is Not Personally Liable for Partnership Obligations
Date
1975
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Texas Tech Law Review
Abstract
Discusses the increase in use of limited partnerships with corporate general partner. This increase is due in part because of the advantages associated with such an arrangement. The author proves this by listing pros and cons of the limited partnership.
Description
Keywords
Texas Uniform Limited Partnership, ULPA, Limited partnership, Corporations, General partnership, Sole proprietorship, Delaney v. Fidelity Lease Ltd., Case note
Citation
6 Tex. Tech L. Rev. 1171