Legal Opinion
In Re Gibson
United States Bankruptcy Court, E.D. Michigan
Decided December 17, 1986No. 19-41433PublishedCited by 1 opinion
1Opinion of the Court
MEMORANDUM OPINION DENYING MOTION OF NBD MORTGAGE COMPANY TO STRIKE ASSETS FROM SCHEDULES
ARTHUR J. SPECTOR, Bankruptcy Judge.
The question is this: may a limited partnership be dissolved and terminated and the business continued by the lone remaining partner, by individually settling with the limited partners and not by liquidating the assets of the partnership? The facts of this case are not in dispute.
On April 1, 1972, a limited partnership, called The Miller Motel Company, was created, consisting of Thomas R. Gibson, the general partner, and Russell and Josephine Gibson, Thomas Gibson’s…
2Cases cited31 opinions
- City of Grand Rapids v. CrockerMichigan Supreme Court · 1922
- Workman v. Detroit Automobile Inter-Insurance ExchangeMichigan Supreme Court · 1979
- Marshall Jones v. St. Louis-San Francisco Railway Co.Court of Appeals for the Sixth Circuit · 1984
- Turner v. Lee (In Re Minton Group, Inc.)District Court, S.D. New York · 1985
- Dominican Fathers of Winona v. Dreske (In Re Dreske)United States Bankruptcy Court, E.D. Wisconsin · 1982
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3Cited by1 opinion
- Sertich v. MoormanCourt of Appeals of Arizona · 1988