Quantcast
Home / Opinion Digests / Partnerships

Partnerships

Partnership – Contract – Accounting — Tort/Negligence – Breach of Fiduciary Duty (access required)

Chesson v. Rives Although plaintiffs withdrew from the parties’ accounting-firm partnership, plaintiffs retained personal rights to bring claims for the value of their partnership interest at the time of their withdrawal. This includes claims that plaintiffs suffered losses before the withdrawal, thereby reducing the value of plaintiffs’ partnership shares at the time of withdrawal.

Read More »

Partnership – Tort/Negligence – Use of Partnership Property – Expenses – Deferred Maintenance – Damages – S.C. Law — Civil Practice – Discovery (access required)

Allen Smith Investment Properties, LLC v. Barbarry Properties, LLC Since defendant Barbarry Properties is a general partner in the parties’ limited partnership, Barbarry has an equal right with the partnership’s other general partners to possess partnership property for partnership purposes.

Read More »