Hirsch v. Equilateral Associates

Marshall, Justice.

This was an action by the limited partners in a limited partnership, Equilateral Associates (appellants Hirsch et al.) against Equilateral, its general partners (Gresham and Munchak), Munchak’s employee and alter ego with power of attorney (Jones), the alleged agent of Equilateral (Gipson), a corporation of which Munchak was the sole and controlling stockholder (North by Northwest, Inc.), and subsequent purchasers of the partnership property (Immotrans Establishment and Nanz-Stiftung).

*374The amended complaint alleged substantially as follows. On December 31, 1975, the…