DECATUR-ST. LOUIS COMBINED EQUITY PROPERTIES, INC. v. ABERCROMBIE

Nos. CA-2042 to CA-2045 and CA-2788.

463 So.2d 729 (1985)

DECATUR-ST. LOUIS COMBINED EQUITY PROPERTIES, INC., VENTURE, Combined Equity Properties, Inc., and E. Ralph Lupin, M.D. v. R. Clyde ABERCROMBIE and Leon J. Impastato.

Court of Appeal of Louisiana, Fourth Circuit.

January 11, 1985.


Attorney(s) appearing for the Case

Robert G. Jackson, Ltd. A Professional Law Corp., Baton Rouge, for appellants.

Darleen M. Jacobs, A Professional Law Corp., New Orleans, for appellee.

Before KLEES, CIACCIO and WARD, JJ.


CIACCIO, Judge.

In these consolidated cases the only issue before this court on appeal involves the trial court granting two partial summary judgments in favor of plaintiffs, Leon J. Impastato and R. Clyde Abercrombie.

Plaintiffs and defendants entered into an agreement whereby defendants purchased plaintiff's interest in an in commendam partnership for a total of four hundred thousand ($400,000.00) dollars. Defendants paid forty thousand ($40,000.00) dollars...

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