Owen v. Cohen: Difference between revisions
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Latest revision as of 03:40, July 14, 2023
| Owen v. Cohen | |
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| Date decided | |
Facts
Parties entered into partnership to operate bowling alley. P loaned ~ $7000 to begin operation, assuming it to be a loan to partnership to be paid back over time. After commencing operation of bowling alley, partied began to disagree re: operation of business. Profits began to decline.
Procedural History
Trial ct ordered partnership be dissolved, a court appointed "receiver" sell assets of partnership, repay debt of P, and distribute remainder of $ to partners.
Arguments
D argued that only minor arguments should not be settled by the court.
Judgment
Affirmed.
