Wednesday, August 28, 2019
Family Law Essay Example | Topics and Well Written Essays - 500 words
Family Law - Essay Example The professional license itself would not have separate value. However, if the license was acquired during the marriage to the other partnerââ¬â¢s detriment, the court would likely seek to equalize the benefit accrued to the licensed partner. The court has adopted the rules pertaining to the dissolution of business partnership to apply to the division and distribution of property in divorce cases. See Gussin v. Gussin, 73 Haw. 470, 483ââ¬â84, 836 P.2d 484, 481 (1992). ââ¬Å"Under general partnership law, each partner is entitled to be repaid his contributions to the partnership property, whether made by way of capital or advances.â⬠Tougas v. Tougas, 76 Hawaiââ¬Ëi 19, 27, 868 P.2d 437, 445 (1994) (internal quotation marks and citation omitted). Then, absent ââ¬Å"agreement to the contrary, ââ¬Ëpartners share equally in the profits of their partnership, even though they may have contributed unequally to capital or services.ââ¬â¢ ââ¬Å" Id. (quoting Gardner v. G ardner, 8 Haw.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.