- 4 -
(lawsuit) against HCMP’s managing general partner and others.
The lawsuit, which is currently before the California Court of
Appeal for the Fourth Appellate District (court of appeal), seeks
enforcement of a provision in HCMP’s partnership agreement (and a
directive of the court of appeal) that requires that HCMP sell
its assets in the public market rather than distribute those
assets to its managing general partner (or to an affiliate of
that partner), as was done at the time of HCMP’s reported
termination.
Collins sets forth in his petition to this Court certain
allegations of error which he did not address on brief. We
consider those allegations to be conceded. We are left to decide
whether HCMP terminated during 1998. We hold it did not.2
Background
The facts in this background section are obtained from the
parties’ stipulation of facts, the exhibits submitted therewith,
and the pleadings. HCMP is a general partnership whose principal
place of business was in San Diego, California, when Collins’s
petition to this Court was filed.
2 The parties also dispute whether Collins correctly
reported the other three “inconsistent positions” listed in his
Form 8082. We believe that we need not decide this dispute,
given our holding that HCMP was not terminated during 1998. If
either party disagrees, he should bring this to our attention
during the parties’ discussion of the computations to be
submitted to the Court under Rule 155.
Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011