A "Motion for Appointment of Special Master Receiver to Dissolve Partnership, Dispose of Assets and Settle all Affairs as to Assets and Liabilities" is a legal document filed in the state of Ohio. This motion is typically used in situations where a partnership is facing dissolution and there is a need to appoint a special master receiver to facilitate the process of asset disposal and settling all financial matters related to the partnership. In Ohio, there may be different types of motions for the appointment of a special master receiver for various scenarios. These scenarios could include: 1. General Dissolution of Partnership: This type of motion is filed when partners decide to dissolve the partnership voluntarily or upon expiration of the partnership term. It seeks the appointment of a special master receiver to oversee the equitable distribution or sale of partnership assets. 2. Dispute Resolution: In cases where partners are unable to agree on the terms of dissolution or the division of assets, a motion for appointment of a special master receiver can be filed. The special master receiver can provide impartial guidance to resolve these disputes and ensure a fair and equitable distribution of assets. 3. Partnership Bankruptcy: If the partnership is facing financial distress and needs to file for bankruptcy, a motion for appointment of a special master receiver is filed to manage the assets and liabilities of the partnership during the bankruptcy proceedings. 4. Fraud or Mismanagement: In cases where one or more partners have committed fraud or mismanagement, resulting in the need for dissolution, a motion for appointment of a special master receiver can be filed to investigate the misconduct and oversee the orderly disposal of partnership assets. Keywords related to this topic would include: — Ohio partnershidissolutionio— - Special master receiver appointment — Asset disposal ansettlementen— - Liabilities and assets — Dissolutiopartnershiphi— - Partnership dispute resolution — Partnershibankruptcytc— - Fraud and mismanagement investigation — Equitable asset distribution It's important to note that legal advice should be sought when dealing with such matters, as the specifics of the motion and its supporting documents can vary depending on the individual circumstances and the expertise of legal professionals would be required.
Ohio Motion for Appointment of Special Master Receiver to Dissolve Partnership, Dispose of Assets and Settle all Affairs as to Assets and Liabilities
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How to fill out Ohio Motion For Appointment Of Special Master Receiver To Dissolve Partnership, Dispose Of Assets And Settle All Affairs As To Assets And Liabilities?
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Ohio Revised Code section 1701.591 requires close corporations to have a close corporation agreement. This agreement must be approved by every single shareholder of the company. Closely Held Business in Ohio - harris engler llc harrisengler.com ? close-corporations-in-ohio harrisengler.com ? close-corporations-in-ohio
Section 1701.86 | Voluntary dissolution. (A) A corporation may be dissolved voluntarily in the manner provided in this section, provided the provisions of Chapter 1704.
A corporation may be dissolved voluntarily by the adoption of a resolution of dissolution by the directors or by the shareholders. The requirements for dissolving the corporation by resolution of the directors differ from those for dissolving the corporation by the shareholders. Ohio corporate law: Dissolution for Corporations and LLCs finneylawfirm.com ? ohio-corporate-law-dissoluti... finneylawfirm.com ? ohio-corporate-law-dissoluti...
(A) If initial directors are not named in the articles, before subscriptions to shares have been received and before the incorporators have elected directors, the incorporators may adopt an amendment to the articles by a writing signed by them. Section 1701.70 - Ohio Revised Code - Ohio Laws ohio.gov ? ohio-revised-code ? section-1701 ohio.gov ? ohio-revised-code ? section-1701
As provided in Ohio Revised Code Section 1776.65, a partner may file a Statement of Dissolution (Form 567), which signals the end of the partnership. Dissolution means the partnership will no longer be conducting new business, but concluding all existing business and ending the partnership's existence.
(A) A corporation shall give notice of a dissolution by certified or registered mail, return receipt requested, to each known creditor and to each person that has a claim against the corporation, including claims that are conditional, unmatured, or contingent upon the occurrence or nonoccurrence of future events. Section 1701.87 - Ohio Revised Code ohio.gov ? ohio-revised-code ? section-1701 ohio.gov ? ohio-revised-code ? section-1701