Posner v. Handelsman

The plaintiffs and defendants were involved in four joint ventures. Each of the joint ventures consisted of one or more of the plaintiffs and the defendants in varying combinations. Two of the joint ventures own real property located in New Fairfield, Connecticut. In 1985, the plaintiffs commenced this action to dissolve the joint ventures. On January 8, 1986, an interlocutory judgment was entered dissolving the joint ventures and directing an accounting. By order dated December 8, 1988, the court directed that the assets of the four joint ventures "shall be sold at a judicial sale pursuant…