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> Meinhard vs. Salmon: Court of Appeals of New York--1928

商品編號: 9-298-079
出版日期: 1998/01/05
作者姓名:
Reiling, Henry B.
商品類別: Finance
商品規格: 4p

再版日期:
地域: New York
產業: Real estate, rental & leasing
個案年度: 1902 -  1922

 


商品敘述:

Meinhard and Salmon were joint venturers who had a 20-year lease on the Hotel Bristol in New York City. Salmon was the managing party. Four months before the lease was to end, the owner approached Salmon and offered to lease all the property, of which the Bristol was only a 25% part, him. The project was to require substantial capital expenditures, a rent increase of about six times over the prior rent, and a lease term that could reach 80 years under renewal options. Salmon kept this opportunity for himself. Meinhard wanted to participate; Salmon refused.


涵蓋領域:

Trusts;Legal aspects of business;Partnerships;Joint ventures;Class action lawsuits;Asset-price targeting


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