If the "limited partner" was serving in that capacity at the time of whatever it was that occurred, they continue to enjoy limited immunity for THAT SPECIFIC event even though they may no longer be...
Yes as the deal would be separate and distinct from the company.But this is a bad idea, coercion, and other factors could come into play later that could damage the company as whole.
Limited partnerships (LPs) and limited liability partnerships (LLPs) are both businesses with more than one owner, but unlike general partnerships, limited partnerships and limited liability...