Thompson v. Grantham

GUIDRY, Judge.

This suit is one for an accounting between the partners of a dissolved partnership known as Jimmie Thompson Bowling Equipment2 (JTBE). The former partners are James W. Thompson and Mike S. Grantham.

The record reflects that in September 1975, Thompson and Grantham entered into a verbal business arrangement for the purpose of purchasing bowling equipment from Japan and reselling it throughout the United States. It was agreed between the parties that Thompson would negotiate for and secure the necessary financing to purchase the equipment and Grantham would perform all labor…