Cincinnati Bar Ass'n v. Buckley

Vulcan Blanchester Realty Corporation (“VBRC”) and BI Properties, Inc. (“BI Properties”) were partners that transacted business as Cincinnati Club Building Associates (“CCBA”). The assets of CCBA included a promissory note from Dawson Realty, Ltd. (“Dawson”) in the principal amount of $900,000, which was due on August 1, 2005. In 1998, Dawson prepaid the note in full, and the proceeds were distributed to the partners. VBRC received over $863,000, and BI Properties received over $22,000.

In August 1999, BI Properties filed a complaint in the Hamilton County Court of Common Pleas against VBRC.…