Owen v. Cohen: Difference between revisions

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{{Infobox Case Brief
{{Infobox Case Brief
| court                 =  
|court=
| citation             =
|citation=
| date                  =  
|subject=Business Associations
| subject               = Business Associations
|appealed_from=
| appealed_from         =  
|case_treatment=No
| decision_by          =  
|overturned=
| joined_by            =  
|partially_overturned=
| concurrence          =  
|reaffirmed=
| dissent              =  
|questioned=
| concur_dissent        =  
|criticized=
| overturned            =  
|distinguished=
| partially_overturned  =  
|cited=
| reaffirmed            =  
|followed=
| questioned            =  
|related=
| criticized            =  
|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.
| distinguished        =  
|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.
| cited                =  
|issues=
| followed              =  
|arguments=D argued that only minor arguments should not be settled by the court.
| related              =  
|holding=
|judgment=Affirmed.
|reasons=
|rule=
|comments=
|case_text_links=
|Court_opinion_parts=
}}
}}
'''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.

Revision as of 01:10, September 17, 2020

Owen v. Cohen
Court
Citation
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.

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