Plaintiffs George E. Couch, Jr., and Joseph G. Rosetti entered into a partnership agreement with defendant Kevin G. Langan to form Langroco Investment Company. The purpose of the partnership was to own, hold, develop, rent, lease and otherwise deal with real property known as 727 New Loudon Road in the Town of Colonie, Albany County. Partnership profits were to be distributed as follows: 80% to Langan, who had exercised a personal option to purchase the realty for the benefit...
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