Koubek v. Jefferson Hotel Associates Ltd. Partnership

By JUDGE RANDALL G. JOHNSON

At issue is whether certain personal property belonging to Jefferson Hotel Associates Limited Partnership ("JHALP") is subject to a valid lease agreement and, if so, whether such property, or JHALP’s interest in such property, can be levied upon and sold in execution of a judgment.

JHALP is the owner of premises located in Richmond and known as the Jefferson Sheraton Hotel. JHALP also owns the personal property located in the hotel. The hotel is operated by Jefferson Equities Corp. ("JEFFCO"), which leases both the real property and the personal property from JHALP.…