Bedoyan v. Samra
After a bifurcated trial establishing an oral 50/50 partnership in a precious-metals business and a bench trial on damages awarding Samra $2.2 million, the Third District affirmed in all respects. It held that the equitable accounting claim failed because the damages award was an adequate legal remedy, the breach of fiduciary duty claim failed because it was not independent of the breach of contract, and that RUPA's buyout provision (— sections 620.8405(2)(b)2. and 620.8701 —) permits a dissociated partner to sue only the partnership, not a co-partner personally.
Key facts
- Bedoyan and Samra operated a precious-metals business as oral 50/50 partners; after partnership dissolution, Bedoyan sought damages for breach of contract, breach of fiduciary duty, and equitable accounting.
- The trial court conducted a bifurcated trial establishing the partnership existed, then a bench trial awarding Samra $2.2 million in damages.
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Why it matters
The RUPA holding is the most useful takeaway: a dissociated partner cannot pursue a statutory buyout against another partner individually, only against the partnership entity, which affects how partnership dissolution… — full analysis with a trial
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