STEIN v. GELFAND

No. 05 Civ. 9147(LAK).

476 F.Supp.2d 427 (2007)

Daniel STEIN, Plaintiff, v. Michael GELFAND, Defendant.

United States District Court, S.D. New York.

March 6, 2007.


Attorney(s) appearing for the Case

Scott M. Berman, Laurence D. Borten, Friedman Kaplan Seiler & Adelman LLP, for Plaintiff.

David Epstein, for Defendant.


MEMORANDUM OPINION

KAPLAN, District Judge.

Plaintiff and defendant allegedly entered into an oral partnership agreement that contemplated the acquisition by the enterprise of cellular telephone assets and their operation as a business. They are said to have agreed that plaintiff would be owner of 20 percent and defendant of 80 percent of the equity. The assets subsequently were acquired by a limited liability company owned solely by defendant. The Federal...

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