Zaccaro v. Shah
District Court, S.D. New York
1Opinion of the Court
MEMORANDUM AND ORDER
P. KEVIN CASTEL, District Judge.
Plaintiff John Zaccaro was a limited partner in Affordable Hospitality Associates, L.P. (“AHA”), a Pennsylvania limited partnership that was organized to own and operate a hotel in Philadelphia (the “Hotel”). In November 2005, Zaccaro sold his 16.5% interest in AHA to defendant Nish Capital, Inc. (“Nish”) for $203,000. Within two weeks, Nish sold this interest at no profit to a company owned by defendant Hasu Shah. Three months later, a real estate investment trust called Hersha Hospitality Trust (the “REIT”) purchased 80% of AHA for a net…
2Cases cited36 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
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- Richard Morales v. Quintel Entertainment, Inc. And Peter StolzCourt of Appeals for the Second Circuit · 2001
- Nimely v. City of New YorkCourt of Appeals for the Second Circuit · 2005
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