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Court Of Chancery Limits Advancement
By Morris James LLP on March 28, 2013
Emerging Europe Growth Fund L.P. v. Figlus, C.A. 7936-VCP (March 28, 2013)
When may a partnership demand advancement of its litigation expenses from a limited partner who has arguably breached the partnership agreement? Only when the partnership agreement is very clear in granting that right, according to this decision.
Tags: Attorney Fees
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