Daniel v. Edri CA2/3
Plaintiff David Daniel and defendant Nissim Edri were equal partners in a jewelry business operating as Continental Coin and Jewelry Co. (Continental Coin). After almost five years, Daniel decided to sell his interest in the company. The partners agreed Daniel would take $4 million in merchandise as payment for his 50 percent interest; however, a dispute later arose over whether the merchandise Daniel received satisfied the buyout amount. In the end, Daniel sued Edri and the company, asserting they breached an alleged oral contract pertaining to the buyout.
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