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MARK L. STERNLICHT REVOCABLE TRUST v. DANIEL Z. RAPOPORT ASSOC., L.P.

10326. 653882/18.

177 A.D.3d 434 (2019)

112 N.Y.S.3d 56

2019 NY Slip Op 08141

Mark L. Sternlicht Revocable Trust et al., Appellants, v. Daniel Z. Rapoport Associates, L.P., et al., Respondents.

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

Decided November 12, 2019.

The motion court correctly dismissed the claim for dissolution of 333 East 54th Street LLC (LLC) based on LLC Member Ben-Zvi's death. The court's interpretation of the LLC's Operating Agreement accords the provisions of the agreement their fair and reasonable meaning (see Duane Reade, Inc. v Cardtronics, LP, 54 A.D.3d 137, 140 [1st Dept 2008]). When Ben-Zvi died, his niece and nephew automatically...

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