Under this doctrine Midland, not MAS One, would be entitled to claim a loss on the sale of the Clearwater Tower under the limited partnership
A typical family limited partnership
(FLP) is an excellent estate planning tool.
A limited partnership
or limited liability company has several advantages for all involved parties.
So it made it viable and feasible for us to develop this limited partnership
, called Wasaya Petroleum Limited Partnership
The tender offer is conditioned upon, among other things, there being validly tendered by the expiration time of the tender offer and not withdrawn a number of units of limited partnership
interest which represents, with respect to each Fidelity limited partnership
, at least one percent (1%) of the total number of issued and outstanding units of such limited partnership
In a limited partnership
, only the general partner does not have limited liability.
The emergence of the limited partnership
as the dominant form of intermediary is a result of the extreme information asymmetries and potential incentive problems that arise in the private equity market.
Independent of the "business purpose" concern is the fact that on the authority of two recent California cases, interests in a limited partnership
can indeed be foreclosed upon if it can be done without interfering with the business of the partnership.
Among the forms that Canadian business activities may take are corporations, limited liability companies (LLCs) and regular or limited partnerships
469-5T(e)(3), a partnership interest is a limited partnership
interest if the holder of such interest (for obligations of the partnership) is limited, under the law of the state in which the partnership is organized, to a determinable fixed amount.
EOP Operating Limited Partnership
is a Delaware limited partnership
through which Equity Office conducts substantially all of its business and owns, either directly or indirectly through subsidiaries, substantially all of its assets.
However, letter ruling 200107025 recently stated that the acquisition of stock by a limited partnership
and an LLC would not terminate a corporation's S election.