Legal Opinion
Covalt v. High
New Mexico Court of Appeals
Decided December 6, 1983No. 7206PublishedCited by 9 opinions
1Opinion of the Court
OPINION
DONNELLY, Judge.
Can a partner recover damages against his co-partner for the co-partner’s failure or refusal to negotiate and obtain an increase in the amount of rental of partnership property? Under the circumstances herein, we hold no right of recovery exists.
The plaintiff, Louis E. Covalt, filed suit against defendant, William L. High, seeking (1) the sale of real property in lieu of partition, (2) an accounting as to former partnership property, and (3) seeking both actual and punitive damages. Covalt alleged High had breached his fiduciary duty as a partner resulting in a loss of…
2Cases cited6 opinions
- Summers v. DooleyIdaho Supreme Court · 1971
- Dotson v. GriceNew Mexico Supreme Court · 1982
- C. B. & T. Co. v. HefnerNew Mexico Court of Appeals · 1982
- Citizens Bank of Clovis v. WilliamsNew Mexico Supreme Court · 1981
- Elle v. BabbittOregon Supreme Court · 1971
1 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- GCM, Inc. v. Kentucky Central Life InsuranceNew Mexico Supreme Court · 1997
- Appletree Square I Ltd. Partnership v. Investmark, Inc.Court of Appeals of Minnesota · 1993
- Mack v. MackSouth Dakota Supreme Court · 2000
- Sanchez v. SaylorNew Mexico Court of Appeals · 2000
- Richter v. Van AmbergDistrict Court, D. New Mexico · 2000
4 more not listed; retrieve them via the Exa API.