Discontinuance or Settlement

Ala. Code § 10A-9A-9.07, under Actions by Partners.

Ala. Code § 10A-9A-9.07

A derivative action may not be dismissed or compromised without the approval of the court, and notice of the proposed dismissal or compromise shall be given to partners of the limited partnership in such manner as the court directs. (Act 2016-379, §1.)