Lipper Holdings v. Trident Holdings
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
*171Order, Supreme Court, New York County (Karla Moskowitz, J.), entered April 11, 2003, which, inter alia, approved in part petitioner’s plan for distribution of the net cash assets of the investment fund limited partnerships, and held that the general partner must repay certain incentive compensation, that it must allocate negative balances in the limited partners’ capital accounts to its own account, and that it should be replaced as the liquidating trustee, unanimously affirmed, without costs.
We agree with Supreme Court’s cogent analysis of the limited partnership agreements. Reading the…
2Cases cited4 opinions
- Rentways, Inc. v. O'Neill Milk & Cream Co.New York Court of Appeals · 1955
- Tougher Heating & Plumbing Co. v. StateAppellate Division of the Supreme Court of the State of New York · 1979
- Elsky v. Hearst Corp.Appellate Division of the Supreme Court of the State of New York · 1996
- 833 Northern Corp. v. Tashlik & Associates, P. C.Appellate Division of the Supreme Court of the State of New York · 1998
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