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Corporations Keyed to O’Kelley
Byker v. Mannes
Citation:
641 N.W.2d 210 (2002)Facts
In 1985, plaintiff was doing accounting work for defendant. They agreed to engage in an ongoing business enterprise, to furnish capital, labor and skill to such enterprise. Over a period of several years, the parties pursued various business enterprises. With regard to these entities, the parties shared equally in the commissions, financing fees, and termination costs. The business relationship between the parties began to deteriorate after the creation of Pier 1000 Ltd. Defendant refused to make any additional monetary contributions. Plaintiff continued to make loan payments and incurred accounting fees. These business transactions were performed without defendant’s knowledge. Plaintiff then approached defendant with regard to equalizing payments as a result of the losses. After unsuccessfully seeking reimbursement from defendant, plaintiff filed suit for the recovery on the basis that the parties had entered into a partnership.
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