Emil Cerullo owned a small diagnostic imaging center in Dallas, Texas. With one of the doctors who

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Emil Cerullo owned a small diagnostic imaging center in Dallas, Texas. With one of the doctors who used the center, he formed a partnership to develop ambulatory centers for lap band surgeries for weight-loss patients. Cerullo and his partner approached Peter Gottlieb about building and managing a center, and he promised that he would do so. Gottlieb subsequently set up the center independently, without Cerullo and his partner, and Cerullo sued. A jury found that Gottlieb had committed fraud and awarded actual and punitive damages. Should this verdict stand on appeal? Explain why or why not. [Cerullo v. Gottlieb, 309 S.W.3d 160 (Tex. App. 2010)]

Partnership
A legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...
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Business Law Text and Cases

ISBN: 978-1111929954

12th Edition

Authors: Kenneth W. Clarkson, Roger LeRoy Miller, Frank B. Cross

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