William Galske, Jr. v. Lake Avenue Associates et al.
CV 000499827S
SUPERIOR COURT OF CONNECTICUT
JUDICIAL DISTRICT OF NEW BRITAIN AT NEW BRITAIN
2000 Conn. Super. LEXIS 863
March 27, 2000, Decided
March 27, 2000, Filed
Memorandum of Decision
The court having considered all of the evidence presented by the parties relative to the prejudgment remedy finds that:
The parties are all residents of the city of Bristol; that the plaintiff and defendants entered into an oral agreement to form a partnership known as Lake Avenue Associates. The purpose of the partnership was to develop a track of land in Bristol, Connecticut. The parties each made an initial contribution of $850.00 to the partnership and share the profits. The partnership entered into negotiations with the city to develop a track known as Sunnydale Acres.
The defendants acquired the property subject of the partnership. It has been developed and sales of $769,000 by said defendants have been made. Expenses of development and sale are approximately $510,000.
The plaintiff has established by probable cause that there is a likelihood that judgment for a one-third interest in the net proceeds of the profits accrued to the defendants.
Accordingly the court orders that the application for prejudgment remedy should be granted in the amount of $86,333.33 property of the defendant Ronald T. Forcier and other defendants herein.
Kocay, J.