Diamond v. Aronov
Supreme Court of Alabama
1Opinion of the Court
The defendant, Sam Diamond, appeals from a summary judgment entered in favor of the plaintiffs, Jake F. Aronov and Owen W. Aronov, in an action seeking the defendant's proportionate share of a partnership debt. We affirm.
Diamond and the Aronovs entered into a general partnership, known as A D Partners, in October 1983. In February 1984, the partnership acquired a leasehold interest in a parcel of land located in Montgomery, Alabama, and it borrowed money from Central Bank of the South to finance improvements on the land. The partnership executed a note, a leasehold mortgage, and a security…
2Cases cited23 opinions
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- Donald G. Wallace v. Brownell Pontiac-Gmc Company, Inc.Court of Appeals for the Eleventh Circuit · 1983
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