MACKLOWE v. 42ND ST. DEV. CORP.


157 A.D.2d 566 (1990)

Harry Macklowe, Respondent, v. 42nd Street Development Corporation et al., Appellants

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

January 23, 1990


Plaintiff, sole general partner of a limited partnership known as Elfon Realty Co. (Elfon), brought this action against defendant 42nd Street Development Corporation, sole limited partner of Elfon, claiming that it improperly assigned its right to receive partnership distributions to defendant William J. Condren without the express consent of plaintiff, in violation of express conditions of the partnership agreement. Defendants counterclaimed for breach of fiduciary duty...

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