Tudor Associates, Ltd., II v. AJ & AJ Servicing, Inc.

MEMORANDUM OF DECISION

DUPREE, District Judge.

The bifurcated jury trial of this action brought by the trustee in bankruptcy of Tudor Associates, Ltd., II (“the plaintiff’ or “Tudor”) against AJ and AJ Servicing, Inc., E.J. Realty Management Corporation, Garden National Properties, Inc., Alan Jacobs and Robert Jacobs (“AJ” or “the defendants”) at the June 1993 civil session of the court at Raleigh resulted in a finding for the plaintiff against all defendants except Alan Jacobs in the liability phase of the trial and a finding of compensatory damages in the amount of $529,696.50 .plus punitive…