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JFK FAMILY LTD. PARTNERSHIP v. MILLBRAE NATURAL GAS DEVELOPMENT FUND 2005, L.P.

2011-00075.

89 A.D.3d 684 (2011)

932 N.Y.S.2d 104

2011 NY Slip Op 7810

JFK FAMILY LTD. PARTNERSHIP et al., Appellants-Respondents, v. MILLBRAE NATURAL GAS DEVELOPMENT FUND 2005, L.P., et al., Respondents-Appellants.

Appellate Division of the Supreme Court of New York, Second Department.

Decided November 1, 2011.

Ordered that the judgment is affirmed insofar as appealed and cross-appealed from, without costs or disbursements.

The plaintiffs are investor partners in the defendant Millbrae Natural Gas Development Fund 2005, L.P. (hereafter the partnership). The partnership is a private Delaware limited partnership that invests in a diversified portfolio of developmental drilling operations and existing gas and oil wells. The managing partner of the partnership is the defendant...

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