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Rollups of Limited Partnerships: Questions of Regulation and Fairness

Publication Title

Washington University Law Quarterly

Abstract

Rollups of limited partnerships, recently the object of attention from Congress, the Securities and Exchange Commission (SEC), and the investing public, raise many conflict-of-interest questions similar to those leveraged buyouts (LBOs) present. To be sure, LBOs and rollups differ in many ways; they tend, nonetheless, to share features that induce squeamishness in many observers.

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