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Partnership--Partner's Right To Compensation For Services To Partnership As A Going Concern, C. E. Lombardi, Jr.
Partnership--Partner's Right To Compensation For Services To Partnership As A Going Concern, C. E. Lombardi, Jr.
Michigan Law Review
Plaintiff and defendant bought a fishing boat, which they operated in partnership for a number of years, under an agreement embodied in a series of informal letters. Both plaintiff and defendant at times ran the boat, but apparently they never operated it together. The partner in charge received the customary share of the crew's two-thirds of the "catch," plus compensation for services rendered as captain; each of them received half of the ''boat's share" of the catch. Defendant bought materials for some special nets, which he designed and constructed; he informed. plaintiff that he was doing so, and that it …
Partnership--Partner's Right To Compensation For Services To Partnership As A Going Concern, C. E. Lombardi, Jr.
Partnership--Partner's Right To Compensation For Services To Partnership As A Going Concern, C. E. Lombardi, Jr.
Michigan Law Review
Plaintiff and defendant bought a fishing boat, which they operated in partnership for a number of years, under an agreement embodied in a series of informal letters. Both plaintiff and defendant at times ran the boat, but apparently they never operated it together. The partner in charge received the customary share of the crew's two-thirds of the "catch," plus compensation for services rendered as captain; each of them received half of the ''boat's share" of the catch. Defendant bought materials for some special nets, which he designed and constructed; he informed. plaintiff that he was doing so, and that it …