After practicing law together for 14 years, two lawyers parted. One of the lawyers sued the other as well as their former firm. The issue, of course, was money. The trial court granted a directed verdict in favor of the individual lawyer defendant. A jury returned a multi-million-dollar verdict. Thereafter, the plaintiff filed a motion to […]
Individuals Added As Judgment Debtors For Debt Of A Partnership.
Plaintiff obtained a money judgment against a limited partnership. Unable to collect, plaintiff moved to add two natural persons as judgment debtors. The court found the natural persons were the alter egos of defendant. The trial court, however, denied the motion to add the natural persons as judgment debtors. In reversing, the appellate court noted that […]
One Person Does Not A Partnership Make.
Two brothers formed a partnership business which thrived for years until one partner withdrew. The brothers sued each other, alleging various causes of action. They asked the Superior Court to set a valuation of the business for buyout purposes. The Court of Appeal noted that both brothers wanted the court to assume a partnership can […]