Illegal Activity
none
Blackmail
none
Date
Unknown
Document Type
other
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:42
Summary
This document describes the tax implications for limited partners selling their interests in Annandale Capital's Access Fund. It covers potential gains, losses, and the impact on the fund's operations, including the need for General Partner consent for transfers and potential tax basis adjustments.
Metadata
- Subject
- Annandale Capital Sale of Interests
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0040109, SDNY GM_00188283
- Date
- —
Relationships 3
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| Limited Partner | Financial | Access Fund | Limited Partner's share of Access Fund liabilities |
| General Partner | Legal | Partners | Partnership Agreement prohibits transfers of Interests without the consent of the General Partner. |
| Fund | Financial | Partner | Distributions of cash or property to a partner |
Notable Quotes 2
A Limited Partner generally will recognize capital gain or loss on the sale of Interests, except for any gain attributable to unrealized receivables or inventory• items (which arc broadly defined for this purpose) held by the Access Fund at the time of the sale.
The Partnership Agreement generally prohibits transfers of Interests without the consent of the General Partner.
Financial Information
Amounts:$250,000
Assets:
- Interests
- cash
- property
Transactions:
- Sale of Interests
- Distributions of cash or property
Raw Analysis JSON
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Themes
Financial transactions/money flowLegal matters/litigation
Organizations 2
Annandale CapitalIRS
Text Analysis
- Tone
- Professional
- Purpose
- To explain the tax implications of selling interests in Annandale Capital's Access Fund.
- Significance
- This document outlines the tax consequences for limited partners selling their interests in the Access Fund, including potential gains, losses, and the impact on the fund's operations.
File Info
- File Name
- EFTA01355184.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:42:51.448125
- DOJ Source
- View on DOJ