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Matter of Park Inn Ford

Appellate Division of the Supreme Court of New York, Second Department
Apr 6, 1998
249 A.D.2d 307 (N.Y. App. Div. 1998)

Opinion

April 6, 1998

Appeal from the Supreme Court, Nassau County (Franco, J.).


Ordered that the order is affirmed insofar as appealed from, with costs.

The Supreme Court properly enjoined the appellant, a two-thirds majority shareholder in a closely-held corporation, from using corporate funds to pay counsel fees incurred in defending this dissolution proceeding ( see, Business Corporation Law § 1115; Matter of Rappaport [Jileen Sec. Corp.], 110 A.D.2d 639; Matter of Reinschreiber [Lipp], 70 A.D.2d 596; see also, Matter of Penepent Corp., 198 A.D.2d 782; Matter of Public Relations Aids, 109 A.D.2d 502).

O'Brien, J.P., Joy, Altman and Luciano, JJ., concur.


Summaries of

Matter of Park Inn Ford

Appellate Division of the Supreme Court of New York, Second Department
Apr 6, 1998
249 A.D.2d 307 (N.Y. App. Div. 1998)
Case details for

Matter of Park Inn Ford

Case Details

Full title:In the Matter of PARK INN FORD, INC. MARY K. RONAN, Respondent; CHARLES R…

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

Date published: Apr 6, 1998

Citations

249 A.D.2d 307 (N.Y. App. Div. 1998)
671 N.Y.S.2d 288

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