Friday, November 2, 2018

A Louisiana Partnership in Commendam Is For Diversity Jurisdiction Purposes Just Like Any Other Limited Partnership


A Louisiana Partnership in Commendam Is
For Diversity Jurisdiction Purposes Just Like Any Other Limited Partnership

      For diversity purposes, a limited partnership is deemed a citizen of every state in which any of its partners, whether general or limited, is a citizen. Louisiana does not, however, have a business entity called a “limited partnership”; rather, it has a “partnership in commendam. In a recent decision, it was confirmed that the same test applied to limited partnerships would be applied to determine the citizenship of a Louisiana partnership in commendam. Walters v. Pinnacle Entertainment, Inc., Civ. Act. No: 18-6543, 2018 WL 5024078 (E.D. La. October 17, 2018).

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