Price v. Vattes

NANCY STEFFEN RAHMEYER, Judge.

Cid A. Price (“Price”) brought suit against Matthew Vattes (“Vattes”) for the breach of an alleged oral partnership agreement. Price contended that the parties entered in the joint venture to create, operate, and ultimately sell a poultry plant, with the intent to build the operation to a point where it could be sold to a third party; he further contended that he was to receive 49% “of the profit.” Apparently, the “profit” refers to the money made if and when the business sold to a third party; Price contended the “real estate/poultry plant” was sold and his…