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Kovacik v. Reed
Citation:49 Cal.2d 166, 315 P.2d 314 (1957).
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- Parties: Identifies the cast of characters involved in the case.
- Procedural Posture & History: Shares the case history with how lower courts have ruled on the matter.
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- Facts: What are the factual circumstances that gave rise to the civil or criminal case? What is the relationship of the Parties that are involved in the case. Review the Facts of this case here:
Kovacik and Reed entered into a partnership with each other. Both agreed Kovacik would contribute financially to the venture, while Reed would contribute his skills and labor in remodeling kitchens. The share of losses was not discussed prior or during the formation of the partnership. The venture eventually incurred heavy losses. Kovacik sought to recover half the losses from Reed directly, who refused to contribute financially for the partnership’s loses.
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