Lesesne v. Mast Property Management, Inc.

Marshall, Presiding Justice.

The present imbroglio arises from a dispute between limited and general partners of Island Retreat, Ltd., which is a limited partnership organized for the purpose of constructing and managing an apartment project on St. Simons Island, Georgia.

The limited partnership was organized in 1978 by an investment adviser named Lesesne. This litigation began when Lesesne, as a limited partner of Island Retreat, filed a complaint against Mast Property Management, Inc., which manages the apartment project under written agreement with limited partnership. Mast is, in turn,…