Partnership Equities, Inc. v. Marten

How courts have described this case

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

• holding that claims against general partners for such actions as diversion of assets, mismanagement, and failure to perform elements of the partnership agreement are properly brought as derivative claims
• recognizing “affinity of purpose between the limited partnership and the business corporation”
• derivative suits are appropriate remedy for breach of duty owed all limited partners

Source: CourtListener parenthetical corpus (CC0).