Friedberg v. Hague Park Apartments

By Judge Charles E. Poston

This case is before the court on exceptions to the report of Commissioner in Chancery Gordon B. Tayloe.

Facts

Hague Park Apartments Limited Partnership (“HPALP”) was formed as a limited partnership in 1966 to “hold, improve, maintain, sell (in whole or part), operate, and lease” Hague Park Apartments. Gerald Friedman and American Management Company (“AMC”) served as the General Partners. Numerous other parties, including Jake Friedberg, were limited partners. Gerald Friedman, the sole owner of AMC, at some time not material to the instant litigation, assigned his…