MATTER OF DIC CONCRETE CORP.


111 A.D.2d 620 (1985)

In the Matter of the Arbitration between DIC Concrete Corporation et al., Respondents, and Dubor Associates et al., Appellants

Appellate Division of the Supreme Court of the State of New York, First Department.

June 4, 1985


In accordance with an amendment and restatement of a limited partnership agreement (Agreement) dated January 1, 1975, the appellants Dubor Associates et al. (appellants) delivered to the petitioners-respondents DIC Concrete Corporation et al. (petitioners) a promissory note (Note) in the principal amount of $3,000,000. This Note represents the purchase of partnership interests by appellants, and its terms provided that it would be paid in installments over a...

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