Defendant alleges that the partnership acquired a hotel in need of renovations estimated by independent sources to be $60,000,000; that plaintiffs renovated the hotel at a cost in excess of $140,000,000; and that the latter amount "reflected various overcharges, illegal billing procedures, fraudulent practices and profit taking" in violation of plaintiffs' fiduciary duty to defendant. It appears that these allegations are based not on any facts personally known to defendant...
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