Kay Investment Co., LLC v. Brody Realty No. 1, LLC

This case involves the disputed ownership of real property and the question whether a “joint venture” initially created among four individuals from two families — the two Brody brothers and the two Kaufman brothers — evolved over time into a relationship as coowners of a business for profit, evidencing a partnership under MCL 449.6.

A review of pertinent Michigan caselaw reveals a fine line and a thin distinction between what constitutes a partnership or a joint venture. My distinguished and thoughtful colleagues in the majority have determined that the business relationship of the parties and…