CONANT v. ARMADA KEY WEST LTD. PARTNERSHIP

No. 92-1675.

610 So.2d 640 (1992)

James E. CONANT, Appellant, v. ARMADA KEY WEST LIMITED PARTNERSHIP, a Florida unlimited partnership, and Roy B. Smith, general partner of Armada Key West Limited Partnership, Appellees.

District Court of Appeal of Florida, Third District.

December 15, 1992.


Attorney(s) appearing for the Case

Morgan, Lewis & Bockius and E. Barclay Cale, Jr., and Paul Haralson, Miami, for appellant.

Syprett, Meshad, Resnick & Lieb, Sarasota, for appellees.

Before BARKDULL, JORGENSON and COPE, JJ.


BARKDULL, Judge.

The appellant and appellee, as general partners, formed Armada Key West Limited Partnership in 1987, to own, sell, rent and manage the Gallion Marina in Key West, Florida, and to acquire, own, rent, manage and sell a time share unit under construction on property adjacent to the Marina. To this end the partnership borrowed 3.5 million dollars. Each of the general partners personally guaranteed the loan. Conant was the managing partner. He allegedly...

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