Friday, September 30, 2011

Court reviews whether a partnership agreement was breached and the trial court's distribution of partnership profits.

LISA BRADFORD v. ABE STEPHENS (Tenn. Ct. App. September 28, 2011)

The appellant, the former business partner of the appellee, appeals the trial court's determination that the appellee did not breach their partnership agreement, as well as the trial court's distribution of partnership profits. Appellant also appeals the trial court's decision not to grant a jury trial.

We affirm the trial court's decision not to grant a jury trial as well as its determination that the appellee did not breach the partnership agreement. We adjust the amount of the court's awards to account for $5,000 of an $8,000 sale which the appellee kept rather than depositing it into the partnership account.

Opinion may be found at:
http://www.tba2.org/tba_files/TCA/2011/bradfordl_092811.pdf