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BOWLING ASSOCIATES, LTD. v. KERREY

No. S-95-317.

562 N.W.2d 714 (1997)

252 Neb. 458

BOWLING ASSOCIATES, LTD., a Nebraska limited partnership, et al., Appellants, v. J. Robert KERREY and Dean Rasmussen, Appellees.

Supreme Court of Nebraska.

May 9, 1997.

Attorney(s) appearing for the Case

James A. Eske, of Barlow, Johnson, Flodman, Sutter, Guenzel & Eske, Lincoln, for appellants.

Carl J. Sjulin, of Rembolt Ludtke & Berger, Lincoln, for appellees.

WHITE, C.J., CAPORALE, WRIGHT, CONNOLLY, and GERRARD, JJ., and COADY, District Judge.

PER CURIAM.

In 1977, J. Robert Kerrey and Dean Rasmussen, appellees, planned to create a partnership which would be composed of both general and limited partners. In compliance with the partnership laws, they circulated an offering circular on May 12, 1977. The circular invited individuals to invest, as limited partners, in the general partners' effort to develop, own, and operate a bowling facility known as Sun Valley Lanes in Lincoln, Nebraska. Among the projected...

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