Oklahoma 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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US-MOT-01401
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Defendant/Counter-Plaintiff files a motion for the appointment of a special master/receiver for the purpose of the dissolution of the partnership, disposition of assets, payment of liabilities, and settlement of partnership affairs. Since the dissolution, plaintiff/counter-defendant and defendant/counter-plaintiff had been unable to agree on the disposition of the partnership assets, liabilities, and settlement of its affairs.

The Oklahoma 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 that plays a significant role in the dissolution of a partnership and the settlement of its assets and liabilities. This type of motion is typically filed with the relevant court to request the appointment of a special master receiver, who will oversee and facilitate the dissolution process. Below, we will explore the various aspects related to this motion, providing a comprehensive understanding of its purpose and procedures. Key elements of the Oklahoma Motion for Appointment of Special Master Receiver to Dissolve Partnership, Dispose of Assets and Settle all Affairs as to Assets and Liabilities include: 1. Dissolution of Partnership: This motion aims to dissolve a partnership, indicating that the business entity can no longer operate properly or harmoniously. It signals the end of the partnership's existence and serves as the starting point for redistributing ownership interests and settling obligations. 2. Special Master Receiver: The motion requests the appointment of a special master receiver, who acts as an impartial and independent party responsible for managing the dissolution process. The receiver is granted certain powers and duties to ensure the fair and efficient handling of the partnership's affairs. 3. Asset Disposal: The special master receiver is empowered to oversee the proper disposal of the partnership's assets. This may involve identifying and valuing the assets, determining the most appropriate methods of sale, and managing any disputes or claims that may arise during the disposal process. 4. Settlement of Liabilities: The motion also assigns the responsibility of settling the partnership's liabilities to the special master receiver. This may include negotiating with creditors, resolving outstanding debts, and ensuring the partners fulfill their financial obligations. 5. Distribution of Assets: Once assets have been sold and liabilities settled, the special master receiver is responsible for distributing the remaining proceeds or assets among the partners. This distribution is typically based on each partner's respective ownership interests or as per the agreement reached during the dissolution proceedings. The Oklahoma Motion for Appointment of Special Master Receiver to Dissolve Partnership, Dispose of Assets and Settle all Affairs as to Assets and Liabilities caters to different scenarios, depending on the specific circumstances of the partnership. Potential variations may include: 1. Voluntary Dissolution: A motion filed for a partnership where all partners unanimously agree to dissolve the business mutually and without any external pressures or legal disputes. 2. Involuntary Dissolution: This type of motion is filed when one or more partners wish to dissolve the partnership without the consent of all other partners or in situations where legal disputes have arisen among the partners, necessitating a court's intervention. 3. Dissolution due to Bankruptcy: If the partnership faces insolvency or bankruptcy, this motion may be filed to address the financial difficulties and settle the partnership's affairs in compliance with bankruptcy laws. Overall, the Oklahoma Motion for Appointment of Special Master Receiver to Dissolve Partnership, Dispose of Assets and Settle all Affairs as to Assets and Liabilities is a crucial legal tool used to effectively navigate the dissolution process of a partnership. By appointing a special master receiver, this motion ensures transparency, fairness, and the successful resolution of the partnership's assets, liabilities, and overall affairs.

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MOTIONS TO VACATE OR MODIFY Within 30 days of the filing of the judgment, decree or appealable order, a party may file a motion asking the trial court to correct, open, modify or vacate its own decision pursuant to 12 O.S. §1031.

Section 219A provides that where an employee has executed a covenant not to compete with the employer, the employee ?shall be permitted to engage in the same business as that conducted by the former employer as long as the former employee does not directly solicit the sale of goods, services or a combination of goods ...

15, § 219A. Noncompetition agreements: Unlawful Contracts ? Oklahoma. Prohibits noncompete contracts except those written to protect the sale of goodwill of a business, dissolution of a partnership or those that prohibit only the direct solicitation of established customers of the former employer.

Your right to cancel for a full refund extends until midnight of the third business day after the sale. Saturdays are considered business days, but Sundays and holidays are not. The rule doesn't apply to every purchase, though. Cooling Off Period Offers Protection to Consumers | Oklahoma Tinker Federal Credit Union ? cooling-off-period-offers-... Tinker Federal Credit Union ? cooling-off-period-offers-...

(1) Except as provided in subsection (5), in addition to any right otherwise to revoke an offer, the buyer has the right to cancel a home solicitation sale until midnight of the third business day after the day on which the buyer signs an agreement or offer to purchase which complies with this part.

Cooling-off Rule is a rule that allows you to cancel a contract within a few days (usually three days) after signing it. As explained by the Federal Trade Commission (FTC), the federal cooling-off rules gives the consumer three days to cancel certain sales for a full refund. cooling-off rule | Wex | US Law | LII / Legal Information Institute cornell.edu ? wex ? cooling-off_rule cornell.edu ? wex ? cooling-off_rule

(2) Cancellation occurs when the buyer gives written notice of cancellation to the seller at the address stated in the agreement or offer to purchase. (3) Notice of cancellation, if given by mail, is given when it is deposited in a mailbox properly addressed and postage prepaid. Oklahoma Statutes §14A-2-502 (2022) - Buyer's right to cancel. Justia Law ? codes ? oklahoma Justia Law ? codes ? oklahoma

You usually cannot cancel a contract, but there are times when you can. You can cancel some contracts within certain time limits. Some contracts must tell you about your right to cancel, how to cancel them, and where to send the cancellation notice. Canceling A Contract ? Consumer & Business - Los Angeles County lacounty.gov ? portfolio ? canceling-a-contr... lacounty.gov ? portfolio ? canceling-a-contr...

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Oklahoma Motion for Appointment of Special Master Receiver to Dissolve Partnership, Dispose of Assets and Settle all Affairs as to Assets and Liabilities