Maroulis v. 64th Street-Third Avenue Associates
Opinion of the Court
Amended interlocutory judgment of the Supreme Court, New York County (Carmen Beauchamp Ciparick, J.), entered on July 21, 1989, which, inter alia, directed defendants to account to plaintiff for the affairs of the partner
On defendants’ prior appeal to this court, we rejected the contentions for dismissal grounded upon failure to join necessary parties and Statute of Limitations (133 AD2d 584; see also, Hotel Prince George Affiliates v Maroulis, 62 NY2d 1005, revg 98 AD2d 652). No basis is demonstrated under the governing partnership agreement to support the conclusion that 1975 inter vivos transfers of fractional partnership interests to existing partners and their children caused dissolution of the partnership. Further, no such claim was made for 13 years following such transfers. Therefore, the proper date of dissolution for purposes of the accounting is the date of death of one of the partners, July 22, 1975. We do not read the direction that the accounting cover the period through October 13, 1988 as mandating a recovery to plaintiff pursuant to Partnership Law § 73 where plaintiiFs interest in the partnership was arguably worthless on the date of dissolution. That issue is left for further proceedings. Concur—Murphy, P. J., Kassal, Ellerin, Smith and Rubin, JJ.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.