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1. Lozana and Depakakibo established a partnership to operate an electric company, with Lozana contributing 60% and Depakakibo 40%. 2. When the franchise was cancelled, each partner sold their contributions separately rather than through partnership liquidation. 3. Lozana sued to recover the generator he contributed, which Depakakibo claimed was now partnership property. 4. The court found the partnership validly formed and that contributions passed to the partnership as property. It ordered dissolution
- Author
- Yollaine Galias
- Language
- EN