Seifert v. Houlditch

This is an appeal involving an action arising out of the distribution of assets following the dissolution of a partnership.

Teresa Houlditch filed suit in 1989 against her former partner, Frank Seifert, asking that the court render an accounting, direct the winding up of the partnership, and declare the rights and interests of the parties. After a nonjury trial, the court awarded Houlditch $8,054.91, to be paid by Seifert, who would then be entitled to all other assets of the partnership. The court also found that Houlditch would remain liable for one-half of certain partnership liabilities.…