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MILTLAND RALEIGH-DURHAM v. MYERS

No. 89 Civ. 1530 (CBM).

807 F.Supp. 1025 (1992)

MILTLAND RALEIGH-DURHAM, Miltland Sacramento and Miltland Chicago-Santa Fe, Plaintiffs, v. Michael H. MYERS, Myers Miltland Raleigh-Durham Limited Partnership, Myers Miltland Sacramento Limited Partnership, Chicago-Santa Fe Partnership and Myers Financial Group, Defendants.

United States District Court, S.D. New York.

August 26, 1992.

Attorney(s) appearing for the Case

Boyle, Vogeler & Haimes by Michael J. Levin, David S. Hoffner, New York City, for plaintiffs.

Merkin & Hemme by Donald Merkin, Jeanne Taber, La Jolla, CA, for defendants.

OPINION

MOTLEY, District Judge.

I. Introduction

A. Procedural history.

Plaintiffs, as limited partners, brought suit against three land investment limited partnerships and against the general partners, defendant Michael H. Myers ("Myers") and defendant Myers Financial Group, Inc. ("Myers Financial"). The case was tried before the court on November 4-15, 1991.

The parties submitted proposed findings of fact and conclusions...

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