On August 22, 2014, the Superior Court of Pennsylvania unanimously agreed with last year’s opinion by the Hon. Ellen H. Ceisler of the Philadelphia County Court of Common Pleas, who rejected a challenge to a confessed judgment in favor of a creditor represented by Kalikhman & Rayz, LLC. In reaching this decision in D’Amelio v. Due Amici Development, LLC, et al., the Superior Court of Pennsylvania accepted all legal arguments made by counsel from Kalikhman & Rayz, LLC and re-affirmed two well-established principles of Pennsylvania commercial law. First, a general partner in a limited partnership is liable for all obligations of that limited partnership. Second, a claim that a signatory did not have authority to execute a judgment note is improper in a proceeding to strike a confessed judgment.
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