Hellman v. Anderson

Opinion

SIMS, J.

In this case, we hold that a judgment debtor’s interest in a partnership (meaning the right to share in the profits and surplus) may be foreclosed upon and sold, even though other partners do not consent to the sale, provided the foreclosure does not unduly interfere with the partnership business.

Judgment debtor John B. Anderson (Anderson) appeals from the trial court’s order authorizing the foreclosure and sale of Anderson’s interest in a California general partnership known as Rancho Murieta Investors (RMI). The foreclosure and sale was requested to enforce a money judgment…