Logourl black

Shamloo v. Ladd

California Court of Appeal, Second District
2003 WL 68054


Facts

In 1995, Farhad Shamloo (plaintiff) and Rick Ladd (defendant) formed Ginnytex, a partnership engaged in manufacturing. There was no written partnership agreement. Ladd contributed $75,000 as a capital investment and later loaned the firm an additional $75,000. Shamloo contributed only his labor and his knowledge of the industry. In November 1999, Shamloo sued Ladd for dissolution of the partnership and an accounting. Shamloo contended that his labor and expertise were capital contributions which should be repaid to him on dissolution. There was no specific oral or written agreement that Shamloo’s services would be treated as a capital contribution, nor was there an agreement that Shamloo would be paid for their services. The trial court awarded Shamloo $27,344 as compensation for his services to the firm. The court also declined to award Ladd any interest on his loan to the firm. Ladd appealed both rulings.

Rule of Law

The rule of law is the black letter law upon which the court rested its decision. To access this section, start your 7-day free trial of Quimbee for Law Students.

Issue

The issue section includes the dispositive legal issue in the case phrased as a question. To access this section, start your 7-day free trial of Quimbee for Law Students.

Holding and Reasoning (Turner, C.J.)

The holding and reasoning section includes:

  • A “yes” or “no” answer to the question framed in the issue section;
  • A summary of the majority or plurality opinion, using the CREAC method; and
  • The procedural disposition (e.g. reversed and remanded, affirmed, etc.).

To access this section, start your 7-day free trial of Quimbee for Law Students.

Here's why 73,000 law students rely on our case briefs:

  • Reliable - written by law professors and practitioners not other law students.
  • The right length and amount of information - includes the facts, issue, rule of law, holding and reasoning, and any concurrences and dissents.
  • Access in your class - works on your mobile and tablet.
  • 10,442 briefs - keyed to 137 casebooks.
  • Uniform format for every case brief.
  • Written in plain English - not in legalese and not just repeating the court's language.
  • Massive library of related video lessons - and practice questions.
  • Ability to tag case briefs in an outlining tool.
  • Top-notch customer support.
Start Your Free Trial Now