May 27, 2004 | Lead Articles, Number 3, Print Edition, Volume 37
Closely-Held Business Symposium: The Uniform Limited Partnership Act This symposium on the Uniform Limited Partnership Act (2001) is dedicated to Martin I. Lubaroff, whose untimely death on January 1, 2001 after a year-long battle with leukemia was a great loss to...
May 27, 2004 | Lead Articles, Number 3, Print Edition, Volume 37
Closely-Held Business Symposium: The Uniform Limited Partnership Act ”Linkage” of the law governing general partnerships to the law governing limited partnerships has received a good deal of attention in the last few years. The concept of filling the...
May 5, 2004 | Lead Articles, Number 3, Print Edition, Volume 37
Closely-Held Business Symposium: The Uniform Limited Partnership Act The “shelf life” on uniform entity acts seems to be decreasing. The original Uniform Partnership Act (UPA) lasted eight decades, and the original Uniform Limited Partnership Act (ULPA...
May 5, 2004 | Lead Articles, Number 3, Print Edition, Volume 37
Closely-Held Business Symposium: The Uniform Limited Partnership Act The heart and soul of limited partnership law is that general partners are personally liable for partnership obligations but limited partners are not. Protecting limited partners from personal...
May 5, 2004 | Lead Articles, Number 3, Print Edition, Volume 37
Closely-Held Business Symposium: The Uniform Limited Partnership Act In his article, The New Limited Partner Liability Shield, Professor Carter Bishop begins with a very useful history of the control rule, which ULPA (2001) has eliminated. He then suggests two sets...