Court Holds That An Officer Of A General Partner Does Not Individually Owe Fiduciary Duties To The Partnership

06.14.16

In Rainier Income Fund I v. Gans, two limited partnerships sued an individual, who was the president of the general partner of the partnerships and co-owner of the only other limited partner, for breaching fiduciary duties allegedly owed to the limited partnerships. No. 05-15-00460-CV, 2016 Tex. App. LEXIS 6042 (Tex. App.—Dallas June 7, 2016, no… Continue Reading

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