Levy v. Disharoon

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• recognizing that a partner cannot maintain an action at law against another partner for damages until there has been a final settlement of the affairs of the partnership, meaning an action for dissolution and accounting
• stating that in an accounting proceeding, a partner charged with fraud and misconduct is accountable for damages
• stating that actions for accounting and settlement are actions in equity and not actions at law
• stating that partner is accountable in an accounting proceeding for damages for fraud
• “In a partnership relationship, each partner has the right to have his co-partner exercise good faith in all partnership matters.”
• when liquidating partner of partnership owned 85% of stock of third-party corporation, for all practical purposes corporation and liquidating partner treated as one and the same

Source: CourtListener parenthetical corpus (CC0).