Is a partner entitled to reimbursement for expenses incurred as a result of a joint venture?

California, United States of America


The following excerpt is from Brent Eng'g, Inc. v. Atlas Eng'g Co., G046804 (Cal. App. 2013):

While this case involves a joint venture, not a partnership, courts have recognized "[t]he rule is that the rights and liabilities of joint adventurers, as between themselves, are governed by the same principles which apply to a partnership. [Citations.]" (Zeibak v. Nasser (1938) 12 Cal.2d 1, 12.) However, none of the foregoing provisions contradicts the trial court's finding that under the parties' agreement, expenses for labor, equipment modification, and overhead, constitute unreimbursable capital contributions. In fact, subdivision (d) reflects a partner's reimbursement "for an advance to the partnership" only applies to an amount "beyond the . . . capital the partner agreed to contribute." (Corp. Code, 16401, subd. (d).)

Other Questions


Can a joint venture be repudiated if the joint venture was terminated by abandonment? (California, United States of America)
Is a plaintiff entitled to claim damages for expenses incurred as a result of a breach of fiduciary duty? (California, United States of America)
Is a plaintiff entitled to reimbursement for expenses incurred in a personal injury action? (California, United States of America)
Can a party be ordered to pay expenses incurred by another party as a result of bad faith or frivolous actions? (California, United States of America)
Is a plaintiff entitled to the public expense of counsel at public expense in a civil action for personal injury? (California, United States of America)
Is a mother entitled to claim damages in her son's cause of action for expenses which will be incurred for his care and maintenance after he reaches majority? (California, United States of America)
Does a joint venture exist where there is a right of joint control of the business? (California, United States of America)
Is a defendant entitled to a hearing to contest the amount of damages awarded to a victim for economic losses incurred as a result of the crime? (California, United States of America)
What authority does appellant rely on when it comes to asserting that a person is entitled to claim that they are not entitled to the same amount of damages as they are entitled to? (California, United States of America)
Does a joint tenant of a jointly-tenanted property inherit from a deceased joint tenant? (California, United States of America)
X



Alexi white


"The most advanced legal research software ever built."

Trusted by top litigators from across North America.