Legal Opinion
Maxco, Inc. v. Volpe
Supreme Court of Georgia
Decided February 17, 1981No. 36753PublishedCited by 14 opinions
1Opinion of the Court
Clarke, Justice.
Appellees Volpe and Meister were limited partners in a limited partnership known as Waldrop Road Properties, Ltd. (hereinafter Waldrop). Waldrop was organized in 1972 pursuant to the Uniform Limited Partnership Act, Code Ann. § 75-401, et seq., for the purpose of acquiring and developing real property. The only property ever acquired by the partnership was 66 acres in DeKalb County. According to the limited partnership agreement, Volpe and Meister were each to receive one-sixth of the profits, losses and distributions, and the general partner, Vasen, was to receive two-thirds.
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2Cases cited5 opinions
- Hill v. L/A MANAGEMENT CORPORATIONSupreme Court of Georgia · 1975
- Emhart Corp. v. McLartySupreme Court of Georgia · 1970
- Czyz v. CzyzSupreme Court of Georgia · 1978
- Hirsch v. Equilateral AssociatesSupreme Court of Georgia · 1980
- King v. KingSupreme Court of Georgia · 1977
3Cited by14 opinions
- Prodigy Centers/Atlanta v. T-C AssociatesSupreme Court of Georgia · 1998
- Kemp v. NealSupreme Court of Georgia · 2010
- Nigri v. LotzCourt of Appeals of Georgia · 1995
- Powell v. ThorsenSupreme Court of Georgia · 1984
- RES-GA YPL, LLC v. ROWLAND Et Al.Court of Appeals of Georgia · 2017
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