This is a complaint to be filed by a former law partner who has been expelled from his law firm. It calls for an accounting of the firm, where the firm's partnership agreement did not provide for an accounting. The former partner alleges that the partnership has failed to pay him what was rightfully due, and asks for an accounting to calculate damages owing.
Complaint for an Accounting Claim
Category:
State:
Multi-State
Control #:
US-L0107
Format:
Word;
Rich Text
Instant download
Description Claim For Accounting
Free preview Fir Withdrawal Application Format
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Complaint For Accounting Other Form Names
Complaint For Accounting Elements Illinois
Florida Elements For Accounting Claim
Colorado Form Complaint For Accounting
Accounting Claim
FAQ
The practice of granting equitable remedies came about to compensate for the inadequacies of the common law courts which could not grant remedy if the affected party wanted the performance of the contract or wanted to prevent the commission of a wrong threatened.
In general, remedies are typically divided into two categories: legal remedies and equitable remedies. Legal remedies are those that allow the non-breaching party to recover compensatory (i.e., money) damages. On the other hand, equitable remedies are actions that a court must prescribe.
An account of profits (sometimes referred to as an accounting for profits or simply an accounting) is a type of equitable remedy most commonly used in cases of breach of fiduciary duty.
An action for an accounting is an equitable cause of action. As discussed below, for statute of limitations purposes, the cause of action for an accounting must sometimes be distinguished from the remedy of an accounting.
Under Florida law, an accounting is a cause of action in which a party requests an equitable settlement of claims and liabilities arising out of its relationship with another party.The most common equitable accounting action stems from lawsuits concerning partnership disputes.
If you are preparing to sue someone for a breach of contract, you may have an option between equitable and/or legal remedies. Legal remedies are ones that allow the party not in breach to recover money, whereas equitable remedies involve resolution through non-monetary solutions.