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Chapter 2 - Gwu

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Owen v. Cohen<br />

� Facts<br />

� Owen-Cohen partnership<br />

� How was Owen’s $6,986 investment to be repaid?<br />

� What kind of partner was Cohen?<br />

� Questions<br />

� Why is Owen going to court rather than just dissolving?<br />

� What can Owen and Cohen argue about the term of the<br />

partnership?<br />

� Would wrongful dissolution annul the dissolution?<br />

� If this is a term partnership, how can Owen argue that dissolution<br />

was not wrongful?<br />

� Holding?<br />

� Remedy?<br />

� What is the legal effect of the holding? The practical effect?<br />

(c) 2004 175

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