BLUE CHIP EMERALD LLC v. ALLIED PARTNERS INC.


299 A.D.2d 278 (2002)

750 N.Y.S.2d 291

BLUE CHIP EMERALD LLC et al., Appellants, v. ALLIED PARTNERS INC. et al., Respondents.

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

Decided November 26, 2002.


Plaintiff Blue Chip Emerald LLC, which is owned by the three other plaintiffs bringing this action (collectively BCE), held an interest of approximately 50% in a joint venture known as Ceppeto Enterprises LLC (the Venture). The remainder of the Venture was owned by its managing member, defendant Ceppeto Holding Enterprises LLC, the principals of which are defendants Eric Hadar and Richard Hadar (collectively with the other defendants controlled by the Hadars, the Hadar defendants...

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