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LEVINE v. MURRAY HILL MANOR CO.

143 A.D.2d 298 (1988)

Laurence W. Levine, Respondent, v. Murray Hill Manor Company, Formerly Known as 333 Associates, et al., Appellants

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

September 1, 1988

In June of 1972, plaintiff-respondent Laurence Levine purchased from Barry Traub for $50,000 an assignment of the right to receive 28% of Traub's distributions and to bear 28% of Traub's losses as a participant in a limited partnership now called Murray Hill Manor Co., which is a defendant-appellant. Barry Traub is not a party to this action. The limited partnership was formed in April of 1972 for the purpose of purchasing a ground...

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