Appellate Division of the Supreme Court of New York, 1994

Loft Management Co. v. Gavish

Loft Management Co. v. Gavish
Appellate Division of the Supreme Court of New York · Decided March 24, 1994
202 A.D.2d 328; 609 N.Y.S.2d 10
Loft Management Co. v. Gavish

Opinion of the Court

Resettled order and judgment (one paper), Supreme Court, New York County (Carol Huff, J.), entered on or about February 8, 1993, which, inter alia, ordered a sale of the undivided one-half interest of respondent-appellant Jacob Gavish in respondent Barak Development Associates, a dissolved partnership, and directed that the purchaser be assigned appellant’s "[rjights and [ijnterest in the [partnership”, unanimously affirmed, with costs.

The resettled order cured any infringement of appellant’s partnership rights during winding up under Partnership Law § 51 (2) (c) by directing the sale of appellant’s undivided one-half interest in the partnership rather than the sale of the property itself. This accords with Partnership Law § 54 (1), which allows an individual creditor to attach the interest of a partner in a partnership (see, Jones v Palermo, 105 Misc 2d 405). Concur — Murphy, P. J., Sullivan, Rosenberger, Asch and Tom, JJ.

Case-law data current through December 31, 2025. Source: CourtListener bulk data.