LEONARDO v. LEONARDO II


297 A.D.2d 416 (2002)

746 N.Y.S.2d 90

JOHN F. LEONARDO, Appellant, v. JOSEPH A. LEONARDO II et al., Respondents.

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

Decided August 1, 2002.


Spain, J.

This action involves a partnership agreement between plaintiff and his brothers, defendants Joseph A. Leonardo II and Leonard R. Leonardo, which sets forth terms for the ownership, operation and management of three improved parcels of real estate located in the City of Ithaca, Tompkins County. The partnership agreement provides that should a partner elect to withdraw from the partnership, the remaining partners must purchase his interest at a fixed price...

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