McGRAW v. MATTHAEI

Civ. A. No. 37965.

388 F.Supp. 84 (1972)

S. Tenney McGRAW, Plaintiff, v. Konrad H. MATTHAEI, Defendant.

United States District Court, E. D. Michigan, S. D.

March 13, 1972.


Attorney(s) appearing for the Case

Gerald Simon and Thomas Sweeney, Fischer, Franklin & Ford, Bloomfield Hills, Mich., for plaintiff.

W. Robert Chandler and Laurence S. Schultz, Cross, Wrock, Miller & Vieson, Detroit, Mich., for defendant.


OPINION AND ORDER

KAESS, Chief Judge.

Plaintiff seeks to recover the balance due on a promissory note. Defendant raises an affirmative defense and counterclaim based upon allegedly fraudulent nondisclosure in the sale of a security.

Plaintiff and defendant were limited partners in The Parsons Investment Company ("TPIC"), a Michigan limited partnership, which was organized in 1963 to acquire two office buildings and certain parking lots in downtown...

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