From Casetext: Smarter Legal Research

Matter of Fancy Windows Doors Mfg. Corp.

Appellate Division of the Supreme Court of New York, Second Department
Nov 17, 1997
244 A.D.2d 484 (N.Y. App. Div. 1997)

Opinion

November 17, 1997

Appeal from the Supreme Court, Kings County (Kramer, J.).


Ordered that the order is reversed, on the law, with costs, and the matter is remitted to the Supreme Court, Kings County, for a hearing and a new determination in accordance herewith.

"Section 1104-a Bus. Corp. of the Business Corporation Law, enacted in 1979, provides minority shareholders in close corporations with protection from oppressive conduct by majority interests" ( Matter of Seagroatt Floral Co. [Riccardi], 78 N.Y.2d 439, 444). The appropriateness of an order of dissolution pursuant to Business Corporation Law § 1104-a "is in every case vested in the sound discretion of the court considering the application" ( Matter of Kemp Beatley [Gardstein], 64 N.Y.2d 63, 73). In the present case, in view of the parties' conflicting assertions, the Supreme Court should have held an evidentiary hearing ( see, Matter of Kemp Beatly [Gardstein], supra, at 73-75; Matter of Rosen [Hofteller Enters.], 102 A.D.2d 855; Matter of Kournianos [H.M.G., Inc.], 175 A.D.2d 129; see also, LaBarbera v D'Amico, 240 A.D.2d 640; Matter of Singer v. Evergreen Decorators, 205 A.D.2d 694).

Ritter, J. P., Copertino, Florio and Luciano, JJ., concur.


Summaries of

Matter of Fancy Windows Doors Mfg. Corp.

Appellate Division of the Supreme Court of New York, Second Department
Nov 17, 1997
244 A.D.2d 484 (N.Y. App. Div. 1997)
Case details for

Matter of Fancy Windows Doors Mfg. Corp.

Case Details

Full title:In the Matter of FANCY WINDOWS DOORS MFG. CORP., Appellant. FEI WU…

Court:Appellate Division of the Supreme Court of New York, Second Department

Date published: Nov 17, 1997

Citations

244 A.D.2d 484 (N.Y. App. Div. 1997)
664 N.Y.S.2d 113

Citing Cases

Wai Mei Ho v. Nest & Gingseng, Inc.

It is well settled that “[t]he appropriateness of an order of dissolution pursuant to Business Corporation…

In re Wai Mei Ho

It is well settled that "[t]he appropriateness of an order of dissolution pursuant to Business Corporation…