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Question
Luna Ventures LP owns a portfolio of rental cabins. Its certificate lists Marco as general partner and Nia as limited partner. Nia sold "all my interest in Luna Ventures LP" to Olive. Marco did not consent to admit Olive as a substitute limited partner, and the partnership agreement requires general partner consent for admission of any transferee as a partner.
Olive now demands voting rights on a proposed property sale, access to confidential tenant files, and direct title to a proportionate share of the cabins. Marco agrees that Olive is entitled to any distributions that would otherwise go to Nia but rejects Olive's other demands.
What rights, if any, did Olive acquire by the transfer? Discuss.