Timberline Development L. L. C. v. Kronman
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
OPINION OF THE COURT
Rubin, J.
This dispute arises out of the bankruptcy of Liberty Warehouse Associates Limited Partnership, which filed for reorganization under chapter 11 of the Bankruptcy Code (11 USC) in July 1996. Defendants are all limited partners, and defendant Mark J. Kronman is a managing partner of the debtor’s general partner. At issue is whether an interest in the premises owned by the debtor, which sold at auction for $16,74-8,190, should instead have been conveyed to plaintiff at a contract price of $10,064,640.
In early 1997, the Ad Hoc Committee of Limited Partners was formed…
2Cases cited9 opinions
- Schwartz v. Public AdministratorNew York Court of Appeals · 1969
- Wood v. . Duff-GordonNew York Court of Appeals · 1917
- Metropolitan Life Insurance v. Noble Lowndes International, Inc.New York Court of Appeals · 1994
- Allied Chemical v. Niagara Mohawk Power Corp.New York Court of Appeals · 1988
- Non-Linear Trading Co. v. Braddis Associates, Inc.Appellate Division of the Supreme Court of the State of New York · 1998
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