From our private database of 13,300+ case briefs...
Ferguson v. Williams
Texas Court of Appeals
670 S.W.2d 327 (1984)
In early 1979, John Ferguson and Robert Welborn (defendants) launched a partnership to undertake a real estate development project. In May 1979, needing funds, they contacted Paul Williams (plaintiff) and sold him a 25 percent interest in the venture for $15,000. Williams kept up with progress on the project, speaking to Ferguson roughly twice a week for the rest of 1979. He also offered the services of one of his employees to clean up the building site. When the business needed additional financing, he advanced the firm $5,000 and signed on behalf of the firm for a separate loan. The business ultimately failed because it was unable to obtain construction financing. Williams sued Ferguson and Welborn, arguing that they had been negligent in managing the business, among other charges. The trial court found in his favor. It held that Williams was not a partner but was an investor and a holder of a security interest in the company. The court further ruled that Ferguson and Welborn had been negligent with regard to several specific business decisions. Williams was awarded over $35,000 in damages. Ferguson and Welborn appealed, arguing that Williams was a partner and that he could not hold the other partners liable for negligence.
Rule of Law
Holding and Reasoning (Brady, J.)
What to do next…
Unlock this case brief with a free (no-commitment) trial membership of Quimbee.
You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 97,000 law students since 2011. Some law schools—such as Yale, Vanderbilt, Berkeley, and the University of Illinois—even subscribe directly to Quimbee for all their law students. Read our student testimonials.
Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.
Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students. Read more about Quimbee.
Here's why 136,000 law students have relied on our case briefs:
- Written by law professors and practitioners, not other law students. 13,300 briefs, keyed to 182 casebooks. Top-notch customer support.
- The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
- Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
- Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.