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 profi ts 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 Horizons request? Has Horizon wrongly dissociated by seeking judicial dissolution on these grounds?
Answ…
er: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 profi ts 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 Horizons request? Has Horizon wrongly dissociated by seeking judicial dissolution on these grounds?
Answ…
er:
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