Cannon v. Bertrand

SAUNDERS, Judge.

1 ,This is a case wherein a withdrawing partner disputes the value assigned to his share of the partnership by the court below. The partnership, when faced with the withdrawal, chose to continue the partnership and, therefore, had to pay the withdrawing partner for the value of his share. After the parties could not agree to that value, the withdrawing partner sought a judicial determination of the value of his share in the partnership.

The trial court totaled the assets of the partnership, $1,054,368, with one-third of that total being $351,456. Next, the trial court…