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Legal Opinion

Schwartzberg v. Critef Associates Ltd. Partnership

Court of Chancery of Delaware

Decided June 7, 1996No. Civil Action 14837PublishedCited by 16 opinions

1Opinion of the Court

OPINION

ALLEN, Chancellor.

In this action Martin Schwartzberg seeks from defendants CRITEF Associates Limited Partnership and CRITEF III Associates Limited Partnership (“the Partnerships”) access to certain business records. Mr. Schwartzberg is a limited partner of both entities and at least in name, a general partner of CRITEF Associates. The sole function of both CRITEF Associates and CRI-TEF III Associates is to serve as the general partner of two limited partnerships, CRI-TEF and CRITEF III, respectively (“the Funds”). The Funds in essence act as financial intermediaries, raising funds…

2Cases cited5 opinions

  1. E.I. DuPont De Nemours & Co. v. PressmanSupreme Court of Delaware · 1996
  2. Katz v. Oak Industries Inc.Court of Chancery of Delaware · 2008
  3. Skouras v. Admiralty Enterprises, Inc.Court of Chancery of Delaware · 1978
  4. Shaw v. Agri-Mark, Inc.Supreme Court of Delaware · 1995
  5. Sanderson v. CookeNew York Court of Appeals · 1931

3Cited by16 opinions

  1. Continental Insurance v. Rutledge & Co.Court of Chancery of Delaware · 2000
  2. Cincinnati SMSA Ltd. Partnership v. Cincinnati Bell Cellular Systems Co.Supreme Court of Delaware · 1998
  3. Asb Allegiance Real Estate Fund v. Scion Breckenridge Managing Member, LLCCourt of Chancery of Delaware · 2012
  4. Gotham Partners, L.P. v. Hallwood Realty Partners, L.P.Court of Chancery of Delaware · 1998
  5. Bond Purchase, L.L.C. v. Patriot Tax Credit Properties, L.P.Court of Chancery of Delaware · 1999

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