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Apr 16, 2008civil-law
Loan VS Profit Share THE Supreme Courts Stance ON Proving Debt AND Ownership IN Family Businesses
Partnership vs Loan: Proving the True Nature of Money Transfers in Family Business Disputes
When is a transfer of funds a loan rather than a share of profits? The Supreme Court clarifies the rules of evidence in family business disputes.
Breach of Trust and Damages for False Claims in Family Business Disputes
A family shareholder who falsely claimed full ownership of a pooled investment faced actual and moral damages after the Court found his claim breached a trust.