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Motion for Appointment of Special Master Receiver to Dissolve...
Colorado Springs Colorado 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 appointed, the receiver will assess the partnership's situation, manage the assets, settle any debts, and then oversee the final division of what's left.
Yes, partnership members can still be involved, but the receiver will take the lead to ensure everything runs smoothly and fairly.
The court looks at the specifics of your case, including the partnership's issues and the need for a neutral party to manage the dissolution.
Disposing of assets means selling or managing the partnership's belongings to settle debts and divide what's left.
You might need to dissolve a partnership when things aren't working out, differences arise, or when the partnership has run its course.
A motion for appointment of a special master receiver is a request to the court to assign someone to oversee the process of dissolving a partnership and managing the assets involved.
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Colorado Springs Colorado 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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