Samson v. Prokopf (In Re Smith)

How courts have described this case

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

• acknowledging that limited partner’s right to share profits is personal property of the partner that is included in the bankruptcy estate
• acknowledging that limited partner's right to share profits is personal property of the partner which is included in the bankruptcy estate
• finding that limited partnership agreement should not be considered executory contract if limited partner is purely passive investor not owing substantial future performance to limited partnership
• buyback provision in partnership agreement \does not create a performance obligation but merely constrains the manner by which a partner may liquidate his or her holdings\
• “limited partner’s right to obtain dissolution of the partnership [is] a right which belongs to the individual partner and not to the partnership”

Source: CourtListener parenthetical corpus (CC0).