Karbank v. Hans

LOWENSTEIN, Judge.

This is a suit by three partners (Karbank Group) and the partnership Gregory Fifty Corporation (GFC) of which the Karbank Group has an aggregate fifty percent interest, against Sam’s Department Store, Inc., (Sam’s) and Lawrence and Richard Hans (Hans). The Hans together own the other fifty percent of GFC. The Hans also are the chief officers and sole shareholders of Sam’s. At the heart of this matter is a dispute between the Karbank Group and the Hans Group as to whether Sam’s gave proper and timely notice and renewed a lease on GFC partnership property where GFC was…