This action stems from a failed 1986 real estate syndication in which the individual plaintiffs lost a combined investment of approximately $2.67 million. In 1984, defendants Allen Yudell and Martin Yudell (hereinafter collectively referred to as the Yudells), general contractors, organized plaintiff Delco Development Company of Fairview (hereinafter Delco), a New Jersey limited partnership, for the purpose of acquiring and developing a...
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