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Motion for Appointment of Special Master Receiver to Dissolve...
Portland Oregon 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.
The potential outcomes can vary, but generally it could lead to a resolution of disputes, a fair distribution of assets, and a clean break from the partnership for all involved.
Settling all affairs regarding liabilities means addressing any debts or obligations the partnership has, ensuring that everything is squared away before moving on.
Yes, the special master receiver has the authority to dissolve the partnership if that’s what's needed, making sure everything is handled fairly and by the book.
When a special master receiver is appointed, they take control of the partnership's assets to ensure they’re managed properly, keeping things above board while winding down or settling the partnership.
Any partner who feels the partnership is at a breaking point can file this motion, especially if they see the need for a neutral party to step in and sort out the mess.
A motion for appointment of a special master receiver is a request to the court to appoint an expert to manage the affairs of a partnership, especially when there’s trouble in paradise, like disagreements or potential mismanagement.
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Portland Oregon 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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