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CORLEY v. OTT

No. 24604.

326 S.C. 89 (1997)

485 S.E.2d 97

Charles E. CORLEY, III, Respondent, v. Fred E. OTT, Appellant.

Supreme Court of South Carolina.

Decided April 21, 1997.

Rehearing Denied May 28, 1997.

Attorney(s) appearing for the Case

Mary Connell Elam, Columbia, for appellant.

Thornwell F. Sowell, of Sowell, Todd, Laffitte, Beard & Watson, Columbia, for respondent.

MOORE, Justice.

This is an appeal of a final accounting between partners and an award of judgment for breach of a fiduciary duty. We affirm.

FACTS

Appellant Ott held an option to purchase a tract of land known as Lakewood Estates. Without disclosing his option, Ott approached respondent Corley about providing the capital to purchase the land and "making some money on it." Corley agreed. On March 30, 1979, Ott signed a contract to individually...

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