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DRAFT FOR ATTORNEY REVIEW — NOT FINAL

Willard v. PARSONS HILL PARTNERSHIP, 2005 VT 69 (2005)

Citation
Willard v. PARSONS HILL PARTNERSHIP, 2005 VT 69 (2005)
Parent Document
Willard v. PARSONS HILL PARTNERSHIP, 2005 VT 69 (2005)
Jurisdiction
Vermont (state)
Effective Date
2005-08-05

Other Sections in This Document (143)

Full Text

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¶ 35. Defendant Parsons Hill Partnership was organized under Vermont law in 1982. At that time and all times afterwards, Yvonne Rooney was the sole designated general partner. Sometime thereafter, Catherine and William Rooney were admitted as limited partners. From the time of the partnership's organization until approximately two years after plaintiffs filed the present lawsuit, Vermont limited partnerships were governed primarily by Title 11, chapter 11, formerly 11 V.S.A. §§ 1391-1420. Effective January 1, 1999, the Legislature repealed this chapter and replaced it with Title 11, chapter 23. 1997, No. 149 (Adj. Sess.), § 5. We apply the relevant provisions of the former laws because they were in effect at the time that all the partnership activities in question took place. A. General Partner Liability