Does a former partner have to pay for professional and technical services provided by a bought-out former partner?
California, United States of America
The following excerpt is from Maglica v. Maglica, 66 Cal.App.4th 442, 78 Cal.Rptr.2d 101 (Cal. App. 1998):
8 The domestic and familial nature of the relationship in this case distinguishes it from cases like Johnstone v. E & J Mfg. Co. (1941) 45 Cal.App.2d 586, 114 P.2d 658, which held that the obligation to pay for certain professional and technical services rendered by a bought-out former partner began to accrue as the services were rendered. (See id. at p. 588, 114 P.2d 658.)
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