Legal Opinion
Boschetti v. Pac. Bay Invs. Inc.
California Court of Appeal, 5th District
Decided March 7, 2019No. A148464PublishedCited by 2 opinions
1Opinion of the CourtTucher, J.
*1062When an action is brought to dissolve a California limited partnership (LP) or limited liability company (LLC), California law allows the other partners or members *482to avoid the dissolution by purchasing, for cash, the interests owned by the party seeking dissolution. ( Corp. Code, §§ 15908.02, subd. (b) [LP], 17707.03, subd. (c)(1) [LLC].)1 These "buyout" provisions do not apply to an action to dissolve a general partnership. (§§ 16801-16807.)
Defendants and cross-complainants here assert a claim for dissolution of a general partnership. In response, the plaintiff and cross-defendant seeks to…
2Cases cited21 opinions
- Le Francois v. GoelCalifornia Supreme Court · 2005
- Donovan v. RRL Corp.California Supreme Court · 2001
- State v. DyerTexas Supreme Court · 1947
- Le Francois v. GoelCalifornia Supreme Court · 2005
- Nieto v. Blue Shield of California Life & Health InsuranceCalifornia Court of Appeal · 2010
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3Cited by2 opinions
- CleanFish, LLC v. SimsDistrict Court, N.D. California · 2020
- CleanFish, LLC v. SimsDistrict Court, N.D. California · 2020