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SEBRING ASSOCIATES v. COYLE

867 A.2d 1213 (2005)

375 N.J. Super. 315

SEBRING ASSOCIATES, a New Jersey Partnership, James N. Canino, and Anthony R. Palmeri, Plaintiffs-Appellants, v. Eugene J. COYLE, Defendant-Respondent/Cross-Appellant.

Superior Court of New Jersey, Appellate Division.

Decided February 28, 2005.

Attorney(s) appearing for the Case

Theodore L. Abeles, Newark, argued the cause for appellants (Tompkins, McGuire, Wachenfeld & Barry attorneys; Mr. Abeles of counsel and on the brief and Brian M. English on the brief).

Anthony P. Ambrosio, argued the cause for respondent/cross-appellant (Mr. Ambrosio and Andrew J. Kyreakakis on the brief).

Before Judges WEFING, FALL and PAYNE.

The opinion of the court was delivered by

PAYNE, J.A.D.

In 1993, plaintiff Sebring Associates, a real estate partnership established in 1989 to develop property in Hackensack and later, Passaic, together with partners James N. Canino and Anthony R. Palmeri, brought an action in the Chancery Division to terminate the partnership interest of Eugene J. Coyle, a physician, and for damages. Coyle crossclaimed. Following an extended bench trial before Judge Marguerite...

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