Case ID: ad2d_227/html/0393-01.html
Source: Caselaw Access Project
Author: {"author": "", "license": "Public Domain", "url": "https://static.case.law/"}
Date Created: 2024-08-24T03:29:51.129683

John O’Neill, Appellant, v Patrick E. Malloy III et al., Respondents.
    [642 NYS2d 551]
   In an action pursuant to Business Corporation Law § 720 to recover damages, inter alia, for alleged self-dealing on the part of the defendant Patrick E. Malloy III, the plaintiff appeals from a judgment of the Supreme Court, Suffolk County (Underwood, J.), dated October 31, 1994, which dismissed the complaint.

Ordered that the judgment is affirmed, with costs.

We find that the Supreme Court properly dismissed the complaint after finding that the plaintiff lacked standing to maintain the action pursuant to Business Corporation Law §720.

The plaintiffs remaining contentions are without merit. Mangano, P. J., Balletta, Copertino and Hart, JJ., concur.