Guttman v. Guttman, No. B307048, 2021 Cal. App. LEXIS 1014 (Ct. App. Dec. 2, 2021)
Under Corp. Code 15908.02(b), majority partners may file a motion for a compelled appraisal and buyout of a minority partner who has sued for involuntary dissolution of a limited partnership. Once the motion is granted, the buyout procedure supplants the minority partner's dissolution claim. This decision holds that once the court has entered an order granting the motion for a… Read More