Feuding RE Partners Must Pay Out Profits, Judge Rules

Law360, New York (December 10, 2012, 8:02 PM EST) -- The heirs to half of a New York real estate firm must pay out millions of dollars in profits to the heir to the other partnership's half, whose father was once imprisoned for a murder-to-hire plot, a New York state judge ruled Monday.

The bench ruling comes nearly a decade into a fight over ownership and partnership rights at Stahl Associates Co., which Stanley Stahl founded alongside Abe Hirschfeld in 1975. Stahl's heirs, Richard Czaja and Greg Wolpert, have tried to argue Hirschfeld, who spent two...
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