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Motion for Appointment of Special Master Receiver to Dissolve...
Tucson Arizona 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.
It varies quite a bit depending on the situation, but it can take several months to work things through and wrap up all affairs.
Not really. Once a special master is involved, they take the reins, and partners usually have to step back and let them handle things.
Their main job is to manage partnership assets, oversee their sale, and help settle everyone’s accounts, making sure things are fair.
The court looks at the situation—like whether the partners can't agree—before deciding if a special master can help untangle the issues.
Sometimes, partnerships hit a rough patch, and it's better to part ways and sell off assets rather than continue the struggle.
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Tucson Arizona 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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