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Partnerships - Limited Partnerships - Legal Status

Hudson's Bay Company v. OMERS Realty Corporation (Ont CA, 2016)

In this case the Court of Appeal made the following useful comments on the 'limited' legal status of a limited partnership:
[16] The application judge’s reasoning, which we adopt, can be summarized as follows.

[17] A limited partnership is not a legal entity. It is required by law to have a general partner through which it normally acts: Kucor Construction & Developments & Associates v. Canada Life Assurance Co. (1998), 41 O.R. (3d) 577, 1998 CanLII 4236 (ON CA), 1998 CanLII 4236 (C.A.). A limited partnership cannot hold title to real property. It can hold title to real property only through its general partner.

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