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HARRY CASPER, INC. v. PINES ASSOCIATES, L.P.

53 A.D.3d 764 (2008)

861 N.Y.S.2d 820

HARRY CASPER, INC., Respondent, v. PINES ASSOCIATES, L.P., et al., Defendants, and MILTON KOENIGSBERG et al., Appellants.

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

Decided July 3, 2008.

Malone Jr., J.

Plaintiff, a limited partner in defendant Pines Associates, L.P., commenced this derivative action seeking, among other things, to invalidate an option agreement between Pines and defendant Cornelius E. Sigety—which purportedly grants Sigety the right to purchase a certain parcel of real property owned by Pines—and an accounting from defendant Milton Koenigsberg of rents that he received while acting on behalf of Pines. Citing a forum...

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