The applicant and respondent dentists operated a joint venture general dentistry practice.
The respondent returned to school to become a specialist, reducing his hours but maintaining his draw.
The applicant gave 90 days' written notice to terminate the joint venture.
When the parties could not agree on the mechanics of separation, the applicant sought a declaration of termination and sole ownership.
The court granted the application, declaring the joint venture terminated effective June 30, 2014, ordering the respondent to vacate the practice, and directing the parties to proceed with a valuation and buyout of the respondent's interest.