Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Player's Club Speculative Futures -- Ignore unavailable to you. Want to Upgrade?

To: Bull RidaH who wrote (70)	1/20/2000 9:06:00 AM
From: Chip McVickar	Respond to of 185

David, Great, I see all States have Lawyers! <<smile>> For the record, the one I contacted wanted a clause written that better defined the Limited Partnership. Towards the end he looked a little perplexed and said, Your sending money to S.C. to be traded by an individual named 'Ground Zero', how did you come to that decision? <<chuckle>> Any of you other Limited Partners have any thoughts on the legal aspects of the document you signed? Chip

To: Bull RidaH who wrote (70)	1/20/2000 9:21:00 AM
From: Doo	Read Replies (1) \| Respond to of 185

Couple of thoughts: If, and I understand the game plane, but if the margin is wiped out and a call ensues beyond the contributed capital, general partners (I don't know about SC) will be liable for the overage, limiteds are not. Is the agreement specific about what law applies? If not, it should be. A guy like me could earn a lot of fees briefing and arguing which state's law applies. <EDIT> I see it is SC under the agreement... <ggg> I wish I'd learned to read. What about an binding ADR provision? What about filing requirements for the ltd partnership in SC, or whatever state is deemed its situs for operation?