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Clawbacks?
Is anyone actually aware of LP's exercising rights under a clawback provision? Some seem to be under the impression that this is the stuff of urban legend. Seems like you'd have to have GP's who 1) took more than the standard take (whatever that was) and 2) have enough personal assets. OTOH, things could get interesting over at Scary Larry's Funhouse.
Since it's out of my area of expertise, I have no clue what the trend is here.
AM(showing my ignorance again)M
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