The jury found that Margolis and partners 'had the authority to remove Moresco Holdings as the general partner of the partnership. Despite that removal, Defendants proceeded to utilize partnership assets.'
Morgan Margolis stated, 'We pride ourselves on decades of successful and meaningful partnerships...We were victimized by people who tried to take more than they bargained for.'
Knitting Factory Entertainment claimed, 'The decision confirmed that the Margolis Group was always supposed to control the partnership, the venue operations, and the talent booking...'
Margolis expressed excitement about moving forward, saying, 'We look forward to engaging with the community at large...'
The article highlights a resolution in a long-standing court dispute, emphasizing the importance of control and operational authority over the iconic Pappy & Harriet's venue.
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