Andrews Corporate Officers and Directors Liability Litigation Reporter
November 27, 1996
Copyright (c) 1996 Andrews Publications
PARTNERSHIP INTEREST ASSIGNEES DO NOT VOTE ON PARTNER REMOVAL IN DE
Vanderbilt Income and Growth v. Arvida/JMB Partners
Because assignees of limited partnership interests do not have the right of the initial limited partners to remove the general partner, they have no standing to sue it for breach of duty, a Delaware state court judge has ruled. Vanderbilt Income and...