In November of 1977, the joint venture was established by agreement between plaintiff Dennis P. Nolan, Jr., and defendants Susan Keiser and Dorothy Bruns for the purpose of purchasing, subdividing and reselling real estate. The complaint in Action No. 1 alleges that, pursuant to the agreement, plaintiff's proportionate share of the venture's profits, losses and liabilities was 25% while defendant Susan Keiser's share was 50% and defendant Dorothy Bruns' share was 25%, and...
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