HIRSCHFELD v. IC SEC.


132 A.D.2d 332 (1987)

Abraham Hirschfeld et al., Individually and Doing Business as Able Group, Respondents-Appellants, v. IC Securities, Inc., et al., Appellants-Respondents

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

December 8, 1987


Attorney(s) appearing for the Case

Robert Markewich of counsel (Markewich Friedman & Markewich, P. C., attorneys), for respondents-appellants.

Howard Graff of counsel (Laura J. Kahn with him on the brief; Bloch, Graff, Danzig & Jelline, attorneys), for appellants-respondents.

ROSS, J. P., CARRO, KASSAL and SMITH, JJ., concur.


ASCH, J.

Defendants IC Securities, Inc., a New York corporation, and Intercapital, a New York general partnership in which defendants Rosenfeld and Rothenberg are sole principals, are engaged in real estate syndications. In the 10 years prior to the business transaction under consideration, the two men had completed private placement limited partnership syndications for about 150 real estate syndications and...

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