California Court of Appeal

Partners, who settle with a partnership creditor and thereby become assignees of a deficiency judgment based on a partnership debt, cannot enforce that judgment against a non-settling partner because assignment of a joint and several debt to one or more of the co-obligors extinguishes that debt.

Appellate Information

• Decided 06/22/2001
• Published 06/22/2001

Judges

Court

• California Court of Appeal

Counsel

• For Appellees:
  
•  Thomas & Snell and Marcus D. Magness, Fresno, for Defendant and Appellant.,  Arter & Hadden, Irvine, Ralph A. Kerstetter, San Francisco, and Carol A. Jasinski, for Defendants and Respondents.