Legal Opinion

Rapuano v. Production Co.

Appellate Division of the Supreme Court of the State of New York

Decided March 13, 2003Published

1Opinion of the Court

Orders, Supreme Court, New York County (Bruce Allen, J.), entered on or about June 13, 2002, which, in separate actions to dissolve two partnerships, denied petitioner’s motions for the appointment of a receiver and granted respondents’ cross motions for accountings by each side to the other, unanimously affirmed, with separate bills of costs.

Petitioner’s motions for a receiver were properly denied for lack of a sufficient showing of waste or mismanagement over the 10 years since petitioner and respondents disassociated, and where the partnerships’ main assets consist of real property (see…

2Cases cited2 opinions

  1. Shandell v. KatzAppellate Division of the Supreme Court of the State of New York · 1983
  2. B.D. & F. Realty Corp. v. LernerAppellate Division of the Supreme Court of the State of New York · 1996

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