Fed. Sec. L. Rep. P 95,216 Dallas Banghart and Michael G. Banghart v. Hollywood General Partnership Ed Wray Robert Rosen, M.D. And Barry Maron, M.D.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• observing that general partners possess “powers of control and supervision”
• “Courts which have considered the issue have uniformly held that general partnerships are not investment contracts because the partners—the investors—are ordinarily granted significant control over the enterprise.”
• “Courts which have considered the issue have uniformly held that general partnerships are not investment contracts because the partners—the investors—are ordinarily granted significant control over the enterprise.”

Source: CourtListener parenthetical corpus (CC0).