Farmhouse Partners Limited Partnership v. Multi-Housing Tax Credit Partners XXX

  1. January 10, 2024

    9th Circ. Skeptical Of Ltd. Partner's Rights In Tax Credit Suit

    The Ninth Circuit was skeptical of a limited partner's claim that it was entitled to negotiate the sale of a low-income housing project with its general partner's principal and not an ex-wife awarded authority in a divorce settlement, saying the partnership's contract was silent on that point.

  2. March 28, 2023

    Co. Asks 9th Circ. To Oust Partner's Ex-Wife From Project

    A limited partner in a partnership that built low-income Montana apartments in exchange for tax credits should not be forced to negotiate the development's sale with the ex-wife of its general partner's principal, the limited partner told the Ninth Circuit, saying a lower court wrongly awarded her purchasing authority.