Partnership Agreement Ignored by its Partners Given No Consideration

Business Valuation Update BVLaw
Legal and Court Case Update
July 24, 1997
5932 Used Merchandise Stores
522298 All Other Nondepository Credit Intermediation
marital dissolution/divorce

Kevin Weston MacDonald v. Diane MacDonald
No. 94-CA-01022-SCT (Miss. 1997)
US
State Court
Mississippi
Supreme Court
Mills

Summary

A divided Mississippi Supreme Court affirmed the trial court's valuation of the parties' pawn shop.

See Also

Kevin Weston MacDonald v. Diane MacDonald

A divided Mississippi Supreme Court affirmed the trial court's valuation of the parties' pawn shop. The pawn shop was organized as a partnership with the husband and his father; however, the partners disregarded the partnership agreement and the husband ...