(a) A limited partner is not liable for any obligation of a limited partnership unless
... Nothing in this chapter shall be construed to affect the liability of a limited
partner to third ... (B) An officer, director, or shareholder of a corporate general
partner of the ... (7) Executing and filing a certificate pursuant to Section 1590...
U.S. Code › Title 11 › Chapter 7 › Subchapter II › § 723. 11 U.S. Code § 723 -
Rights of partnership trustee against general partners ... case under this chapter
concerning a partnership and with respect to which a general partner of ... The
trustee has a claim against the estate of each general partner in such partnership
that is ...
Chapter 7 bankruptcy is rarely a good option for partnerships. ... >$50k. --Select
an answer--, $5k-10k, $10k-20k, $20k-50k, >$50k. What is ... The trustee then
distributes the cash proceeds to creditors. In most ... In fact, filing for bankruptcy
may make it more likely that general partners will be sued to cover partnership