Sebring Associates. v. Coyle

The opinion of the court was delivered by

PAYNE, J.A.D.

In 1993, plaintiff Sebring Associates, a real estate partnership established in 1989 to develop property in Hackensack and later, Passaic, together with partners James N. Canino and Anthony R. Palmeri, brought an action in the Chancery Division to terminate the partnership interest of Eugene J. Coyle, a physician, and for damages. Coyle crossclaimed. Following an extended bench trial before Judge Marguerite Simon, on December 23, 1999, a judgment of dissolution pursuant to N.J.S.A. 42:l-32(c) and (d)1 and *318certain damages were awarded.…