Troutman v. Erlandson

Defendants appeal from the judgment of the trial court in favor of plaintiff on his creditor’s bill and on defendants’ counterclaims. We affirm with some modification.

The facts are complicated and stem from the course of litigation in which these parties have been involved for over four years. We will try to state them as simply as possible. Plaintiff and Ralf Erlandson were partners in certain business ventures from 1971 to 1974. A partnership dissolution suit, based on a dissolution agreement, resulted in a 1975 decree which declared the rights and obligations of the parties as of September…