Sherman v. Lloyd

Opinion

JOHNSON, J.

The appellants appeal from the trial court’s grant of the respondent’s motion for summary judgment. They raise three central issues on appeal. First, did the respondent fail to pursue this matter in a timely fashion? Second, was there a triable issue of fact whether the issuance of a limited partnership interest was exempt from qualification? Third, should all of the appellants have been held liable for the transaction at issue? We conclude one of the appellants should not have been held liable. In all other respects, the decision of tfre trial court to grant the…