Parker v. Centrum International Film Corp.

Shulman, Judge.

The appellants are most, but not all, of the limited partners of an entity known as UFO Limited Partnership. That entity entered into a joint venture with appellee Lucas and others. They brought this action for rescission of the joint venture agreement or, alternatively, for damages for mismanagement, waste of assets and failure to account for the assets of the joint venture. This appeal is brought from the granting of appellee Lucas’ motion for summary judgment.

From the briefs and arguments in this court, it is apparent that both sides ascribe the granting of summary judgment…