L. A. No. 24510
50 Cal. 2d 294; 325 P.2d 463; 1958
A partner that dissolved a partnership and took its goodwill, only customer, and employees with him to start a new business was liable to a deceased partner for half of the value of the goodwill because it continued to exist after the dissolution.
Carter, Jesse W., "Smith v. Bull" (1958). Jesse Carter Opinions. 14.