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Lozana v. Depakakibo: Partnership Dispute by donneilhortezano is a document available to read on EtoBox.

What is Lozana v. Depakakibo: Partnership Dispute about?

Lozana filed a civil action against Depakakibo for ownership and wrongful detention of partnership property, including a diesel generator and wooden posts. The Supreme Court ruled that the partnership was valid and that Lozana could not unilaterally dispose of contributed property without proper dissolution and liquidation procedures. The Court emphasized that ownership of contributed property passes to the partnership, and individual partners cannot reclaim specific items without following legal protocols.

Author

donneilhortezano

Language

EN