{"id":6006,"date":"2016-05-04T10:00:17","date_gmt":"2016-05-04T15:00:17","guid":{"rendered":"http:\/\/injury.robertkreisman.com\/?p=6006"},"modified":"2019-10-28T10:35:12","modified_gmt":"2019-10-28T10:35:12","slug":"illinois-appellate-court-decides-real-estate-partnership-unraveled","status":"publish","type":"post","link":"https:\/\/www.robertkreisman.com\/injury-lawyer\/illinois-appellate-court-decides-real-estate-partnership-unraveled\/","title":{"rendered":"Illinois Appellate Court Decides Real Estate Partnership That Unraveled"},"content":{"rendered":"<p>In 1981, two doctors entered into a partnership agreement to buy an office building in which they would house their separate medical practices. Each partner contributed an equal sum of money to buy the building and agreed to share equally the cost of maintaining and operating it. In spite of this agreement, one doctor, Dr. V.S. Vedam, often paid more than his half of the expenses.<\/p>\n<p>The other doctor, Dr. C.U. Reddi, and Dr. Vedam ran their separate medical practices in the building until 1991. At that place and time, Dr. Reddi moved his practice to another location and stopped paying any costs related to the building.\u00a0 Communications between the doctors ended and the state of silence existed between them until around 2003 when the building was sold and the proceeds placed in escrow.<\/p>\n<p>In 2004, Dr. Vedam sued to recover his share of the proceeds of the sale of the real estate, plus the expenses he had paid in excess of his shares. Reddi disputed some of Vedam\u2019s claims and filed a counterclaim to recover rent for the years that Vedam occupied the building by himself.<\/p>\n<p> <a href=\"https:\/\/www.robertkreisman.com\/injury-lawyer\/illinois-appellate-court-decides-real-estate-partnership-unraveled\/#more-6006\" class=\"more-link\">Continue reading<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In 1981, two doctors entered into a partnership agreement to buy an office building in which they would house their separate medical practices. Each partner contributed an equal sum of money to buy the building and agreed to share equally the cost of maintaining and operating it. In spite of this agreement, one doctor, Dr. [&hellip;]<\/p>\n","protected":false},"author":795,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"enabled":false},"version":2}},"categories":[91,46,66],"tags":[],"class_list":["post-6006","post","type-post","status-publish","format-standard","hentry","category-appellate-procedure","category-civil-procedure","category-real-estate-litigation"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Illinois Appellate Court Decides Real Estate Partnership That Unraveled &#8212; Chicago Injury Lawyer Blog<\/title>\n<meta name=\"description\" content=\"In 1981, two doctors entered into a partnership agreement to buy an office building in which they would house their separate medical practices. Each\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.robertkreisman.com\/injury-lawyer\/illinois-appellate-court-decides-real-estate-partnership-unraveled\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Illinois Appellate Court Decides Real Estate Partnership That Unraveled &#8212; Chicago Injury Lawyer Blog\" \/>\n<meta name=\"twitter:description\" content=\"In 1981, two doctors entered into a partnership agreement to buy an office building in which they would house their separate medical practices. 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Each","twitter_misc":{"Written by":"Robert Kreisman","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.robertkreisman.com\/injury-lawyer\/illinois-appellate-court-decides-real-estate-partnership-unraveled\/#article","isPartOf":{"@id":"https:\/\/www.robertkreisman.com\/injury-lawyer\/illinois-appellate-court-decides-real-estate-partnership-unraveled\/"},"author":{"name":"Robert Kreisman","@id":"https:\/\/www.robertkreisman.com\/injury-lawyer\/#\/schema\/person\/5e5596abf7be77fdabc788f0a78f042b"},"headline":"Illinois Appellate Court Decides Real Estate Partnership That Unraveled","datePublished":"2016-05-04T15:00:17+00:00","dateModified":"2019-10-28T10:35:12+00:00","mainEntityOfPage":{"@id":"https:\/\/www.robertkreisman.com\/injury-lawyer\/illinois-appellate-court-decides-real-estate-partnership-unraveled\/"},"wordCount":1208,"articleSection":["Appellate Procedure","Civil Procedure","Real Estate Litigation"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.robertkreisman.com\/injury-lawyer\/illinois-appellate-court-decides-real-estate-partnership-unraveled\/","url":"https:\/\/www.robertkreisman.com\/injury-lawyer\/illinois-appellate-court-decides-real-estate-partnership-unraveled\/","name":"Illinois Appellate Court Decides Real Estate Partnership That Unraveled &#8212; Chicago Injury Lawyer Blog","isPartOf":{"@id":"https:\/\/www.robertkreisman.com\/injury-lawyer\/#website"},"datePublished":"2016-05-04T15:00:17+00:00","dateModified":"2019-10-28T10:35:12+00:00","author":{"@id":"https:\/\/www.robertkreisman.com\/injury-lawyer\/#\/schema\/person\/5e5596abf7be77fdabc788f0a78f042b"},"description":"In 1981, two doctors entered into a partnership agreement to buy an office building in which they would house their separate medical practices. 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