Friedman v. Dalmazio
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
Contrary to the defendants’ contentions, there was sufficient evidence to support the trial court’s finding that the defendants Theodore Dalmazio and 20th Avenue Realty Co. (hereinafter 20th Avenue), who were the general partners in Catón Avenue Associates (hereinafter Catón), breached their fiduciary obligations to the plaintiffs who were the limited partners. The plaintiffs submitted proof that for the calendar years 1989, 1990, 1992, and 1993, the defendant Dalmazio’s company, DAL Management Co. (hereinafter DAL), paid its employees from the funds of Catón, while at the same time it…
2Cases cited4 opinions
- Meinhard v. SalmonNew York Court of Appeals · 1928
- Riviera Congress Associates ex rel. Lewy v. YasskyNew York Court of Appeals · 1966
- Lichtyger v. Franchard Corp.New York Court of Appeals · 1966
- Homburger v. LevitinAppellate Division of the Supreme Court of the State of New York · 1987
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- Siony v. SiunykalimiAppellate Division of the Supreme Court of the State of New York · 2014