Joint Venture Fizzled • Hurricane Sandy Damage • Demurrer
Winston House v. W.G.L. Ltd. P’ship, PICS Case No. 16-0979 (C.P. Monroe June 20, 2016) Williamson, J. (11 pages).
Parties to a joint venture agreement to operate a hotel-restaurant failed to work together after significant damages by Hurricane Sandy. Plaintiff alleged fraud and related claims for misrepresenting the business prognosis of the partnership joined in 2009, against the defunct party, its general partner, and president. Most of defendants’ preliminary objections were sustained and granted on the basis of insufficient pleading, with time allowed for plaintiff to amend. Defendants’ objections on the basis of a right to arbitration were denied.
