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SILVERMAN v. SONN

212 A.D.2d 430 (1995)

622 N.Y.S.2d 711

Kenneth R. Silverman, as Limited Partner of WLS Associates, on Behalf of Himself and All Others Similarly Situated, and in the Right of WLS Associates, Appellant, v. William L. Sonn et al., Respondents

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

February 16, 1995

The partners of WLS Associates, a limited partnership, were, for certain purposes, divided into two groups, the Sonn group and Korein group, each cumulatively owning a 50% interest of WLS. As a result of a transfer from members of the Sonn group, intervenor-plaintiff Silverman became a limited partner, owning a 3% interest. A dispute arose between the two groups when, in 1986, WLS made a distribution of $8 million to its partners...

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