Case ID: ad2d_112/html/0794-01.html
Source: Caselaw Access Project
Author: {"author": "", "license": "Public Domain", "url": "https://static.case.law/"}
Date Created: 2024-08-24T03:29:51.129683

In the Matter of John Ricci, Appellant, v First Time Around, Inc., Doing Business as Night Moves, Respondent.
   Order unanimously reversed, on the law, with costs, petition reinstated and matter remitted to Supreme Court, Cattaraugus County, for a hearing, in accordance with the following memorandum: The record conclusively shows disagreement between petitioner, a 50% shareholder in respondent corporation, and the two shareholders owning the remaining 50%. It was an abuse of discretion to fail to order a hearing pursuant to Business Corporation Law § 1109 to resolve disputed issues of fact with respect to petitioner’s application for judicial dissolution. (Appeal from order of Supreme Court, Cattaraugus County, Crowley, J. — corporate dissolution.) Present — Dillon, P. J., Hancock, Jr., Denman, Green and Pine, JJ.