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Motion for Appointment of Special Master Receiver to Dissolve...
Anchorage Alaska Motion for Appointment of Special Master Receiver to Dissolve Partnership, Dispose of Assets and Settle all Affairs as to Assets and Liabilities
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.
Once everything is settled, the partnership is officially dissolved, and the special master receiver will wrap up their duties. Partners can then move on with a clean slate.
The time it takes can vary widely. It might be a few months or longer, depending on how complicated the partnership's affairs are and how many assets there are to sort out.
Yes, partners can argue against appointing a special master receiver if they believe it's unnecessary. However, they’ll need a solid reason to change the court's mind.
Disposing of assets means selling or distributing the business's property and belongings. The special master receiver will manage this to get the best value for all involved.
Partnerships can get complicated, and sometimes it's best to part ways. This can happen when partners can't agree or if the business isn't doing well.
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Anchorage Alaska Motion for Appointment of Special Master Receiver to Dissolve Partnership, Dispose of Assets and Settle all Affairs as to Assets and Liabilities
Motion for Appointment of Special Master Receiver to Dissolve Partnership, Dispose of Assets and Settle all Affairs as to Assets and Liabilities
Legal definition
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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