Salem Resources, Inc. v. U.S. Consultants, Inc.

These civil cases were consolidated for trial in Multnomah County Circuit Court. The issues at trial were whether a partnership exists between Salem Resources, Inc. (SRI) and U.S. Consultants, Inc. (USC) and, if so, the terms of the partnership. The parties waived a jury trial for these issues. The trial court entered findings of fact, conclusions of law and a judgment. The court ruled that no partnership was formed between the parties and that stock in Beri, Inc. (Beri) held in the name of Salem Resources (SR), the putative partnership, should be transferred to SRI. USC and Wade Davis, USC’s…