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Business Organizations Keyed to Ragazzo
Dreifuerst v. Dreifuerst
Citation:280 N.W.2d 335
The Dreifuerst brothers (3 brothers) came together to form a partnership but didn’t have a written partnership agreement. Plaintiffs, Cledus and Roy Dreifuerst served their other brother, Clause, the Defendant, with a notice to wind-up the partnership. When the parties were unable to agree on the wind-up, the Defendants recommended that the partnership be sold and each partner be allowed to bid on it. The Defendants request for sale was denied. The trial court instead shared the partnership assets in accordance with the valuation given by the Plaintiffs and the defendants challenged that decision.
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