$1.3M
Partnership Liability, Agribusiness
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Case Details
Fifth Circuit ruled that a North Dakota farming couple cannot rely on a 145-year-old court ruling to avoid paying past debts under Texas general partnership liability law, affirming a $1.3 million judgment against them.
Additional Notes
Affirmed $1.3 million judgment against John and Dawn Keeley for debts accumulated from a defunct agribusiness partnership, G&K Farms. Original debt was $642,669.55.