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Pre-Act 170 Pennsylvania Limited Partnerships Not Protected by Implied Covenant of Good Faith and Fair Dealing

David Dean, an associate of Kang Haggerty & Fetbroyt LLC, writes on a Pennsylvania Supreme Court’s decision that the implied covenant of good faith and fair dealing does not apply to limited partnership agreements entered into before the Pennsylvania’s Revised Uniform Limited Partnership Act was amended to specifically include it.

Pre-Act 170 Pennsylvania Limited Partnerships Not Protected by Implied Covenant of Good Faith and Fair Dealing

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