Horizon/CMS Healthcare Corp., a large provider of both nursing home facilities and management for nursing homes, expanded

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Horizon/CMS Healthcare Corp., a large provider of both nursing home facilities and management for nursing homes, expanded into the Kissimmee, Florida, market by entering several 20-year partnerships with Southern Oaks Health Care, Inc. Within a few years, Horizon claimed that the partners had irreconcilable differences regarding how profits were to be determined and divided, resulting in the partners incapacity to operate in business together. Horizon asked a court to dissolve the partnership on these grounds. Did the court grant Horizon's request? Has Horizon wrongly dissociated by seeking judicial dissolution on these grounds?

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 The Ethical Global and E-Commerce Environment

ISBN: 978-0071317658

15th edition

Authors: Jane Mallor, James Barnes, Thomas Bowers, Arlen Langvardt

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