NORTH COAST BUSINESS PARK v. SUPERIOR COURT

Docket No. D001896.

158 Cal.App.3d 858 (1984)

205 Cal. Rptr. 81

NORTH COAST BUSINESS PARK, Petitioner, v. THE SUPERIOR COURT OF SAN DIEGO COUNTY, Respondent; J. WILEY JONES et al., Real Parties in Interest.

Court of Appeals of California, Fourth District, Division One.

July 27, 1984.


Attorney(s) appearing for the Case

COUNSEL

Luke R. Corbett, Michael H. Wexler and Ellsworth, Corbett, Seitman & McLeod for Petitioners.

No appearance for Respondent.

Charles C. Renshaw for Real Parties in Interest.


OPINION

STANIFORTH, J.

Real parties are three of an unknown number of limited partners in a partnership (PT I) which was formed to purchase and develop a tract of land. They received their collective 15 percent partnership interest plus monetary compensation in return for services rendered to the partnership. Financial difficulties made it necessary to transfer ownership of the property in order to secure new financing. The general...

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