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EVEREST PROPERTIES v BOSTON FINANCIAL QUALIFIED HOUSING TAX CREDITS Click to find out why . . .



Keywords & Phrases
CaseNo: C.A. No. 15,534, CourtCode: CC, CourtName: IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE, Plaintiff: EVEREST PROPERTIES, State: DE Delaware, UniqueCaseRef: DE>CC>00015534, Partnership, Limited Partnership, Everest, General Partners, Tax Credits, Delaware, Arch Street, Everest Properties, Massachusetts, Laws, Lists, Partnership Agreement, Housing Tax Credits, Fees, Complaint, Registered Agent, Local Limited Partnership, Affiliates, Managing General Partner, Investment, California, Liability, Connection, Fiduciary Duty, Distributions, Written Request, Designated Affiliate, Refinancing Proceeds , ContentID: 120240992

Case Documents
1 1997-02-10 COMPLAINT FOR INSPECTION FO PARTNERSHIP RECORDS
[ see first page and extracted highlights below  ] ItemID: 102216
24 pages
PDF
Total Documents: 1 document , 24 pages
Price: $ 19.95


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1 . COMPLAINT FOR INSPECTION FO PARTNERSHIP RECORDS

EXTRACTED KEY WORDS
LIMITED PARTNERSHIP
EVEREST
GENERAL PARTNERS
TAX CREDITS
DELAWARE
DEFENDANTS
PLAINTIFF
ARCH STREET
EVEREST PROPERTIES
MASSACHUSETTS
LAWS
LISTS
PARTNERSHIP AGREEMENT
HOUSING TAX CREDITS
FEES
COMPLAINT
REGISTERED AGENT
LOCAL LIMITED PARTNERSHIP
AFFILIATES
MANAGING GENERAL PARTNER
INVESTMENT
CALIFORNIA
LIABILITY
CONNECTION
FIDUCIARY DUTY
DISTRIBUTIONS
WRITTEN REQUEST
DESIGNATED AFFILIATE
REFINANCING PROCEEDS
             IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE                   /
                              IN AND FOR NEW CASTLE COUNTY


    EVEREST PROPERTIES, INC.,

                             Plaintiff,

            V.
                                               1       /553+Nc
    BOSTON FINANCIAL QUALIFIED                 )
    HOUSING TAX CREDITS L.P. III, )
    ARCH STREET III, INC., a                   )
    Massachusetts corporation                  )
    and ARCH STREET III LIMITED                )
    PARTNERSHIP, a Massachusetts )
    limited partnership,                       11
                             Defendants.       1


                                                         NERSHIP RECORDS


            Plaintiff Everest Properties, Inc. (`Everest"), for its

    complaint against Boston Financial Qualified Housing Tax

    Credits L.P. III, Arch Street III, Inc. and Arch Street III

    Limited Partnership, alleges as follows on personal knowledge

    as to its own actions and on information and belief as to the

    actions of others:

                       1.    Everest is a corporation organized under the

    laws of the State of California.

                       2.    Defendant      Boston    Financial Qualified Tax

    Credits L.P. III (the "Partnership") is a limited partnership


Document #: 63267-l
97031



SNIPPETS:
  • PARTNERSHIP, a Massachusetts)
  • Plaintiff Everest Properties, Inc., for its
  • complaint against Boston Financial Qualified Housing Tax
  • Credits L.P. III, Arch Street III, Inc. and Arch Street III
  • Limited Partnership, alleges as follows on personal knowledge
  • laws of the State of California.
  • organized in 1988 under the laws of the State of Delaware.
  • the Managing General Partner has appointed
  • the Partnership's registered agent in the State of Delaware as
  • Qualified Housing Tax Credits L.P. III Amended and Restated
  • Agreement of Limited Partnership (the "Partnership Agreement")
  • Partnership a written request for a current list of the names,
  • and the defendants have failed and refused to provide Everest
  • investment in the Partnership through purchases of additional
  • and the General Partners to furnish the List to Everest,
  • from the costs and expenses, including attorneys' fees,
  • a fiduciary duty to furnish the List to Everest,
  • "ACqtr +iun Fees"means the total of all fees and commissions paid by any party in connection
  • "Adjusfed Capifal Confribufion " means, for each fiscal period, the Limited Partners' Capital
  • to pay the Federal, state and local income tax liability arising from the Sde or Refinancing
  • purchase any Local Limited Partnership Interest on behalf of the Partnership from the General of such an acquisition from the General Partners or one of their Affiliates the purchase price paid
  • to the Partnership or to any Partner for any loss suffered by the Partnership which arises
  • Propcrtics, Inc., hereby constitutes and appoints the law firm of Smith, Katzenstein & armership in which Everest Properties, Inc. is a limited partner or substituted limited partner or
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