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SELIGSON v. RUSSO

300 A.D.2d 152 (2002)

752 N.Y.S.2d 54

AARON SELIGSON et al., Respondents, v. ALBERT RUSSO et al., Appellants.

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

Decided December 19, 2002.

The court properly granted plaintiffs' cross motion, declaring that plaintiffs are not obligated to sell their collective interests in the partnership to defendants, a group of plaintiffs' copartners. Contrary to defendants' position, the subject partnership agreement contains a right of first refusal, not an option, and the right of first refusal is triggered only when a partner seeks to sell his or her partnership interest to...

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