Case Name: In the Matter of David Elia et al., as Holders of Twenty-Five Percent of All Outstanding Shares, Appellants. Sevenson Construction Corporation et al., Respondents
Court: New York Supreme Court, Appellate Division
Jurisdiction: New York
Decision Date: 1985-12-20
Citations: 115 A.D.2d 966
Docket Number: Appeal No. 1
Parties: In the Matter of David Elia et al., as Holders of Twenty-Five Percent of All Outstanding Shares, Appellants. Sevenson Construction Corporation et al., Respondents.
Judges: 
Reporter: Appellate Division Reports
Volume: 115
Pages: 966–966

Head Matter:
In the Matter of David Elia et al., as Holders of Twenty-Five Percent of All Outstanding Shares, Appellants. Sevenson Construction Corporation et al., Respondents.
(Appeal No. 1.)

Opinion:
Order and judgment unanimously affirmed, with costs. Memorandum: We see no reason to disturb the Referee's finding that the directors of Sevenson Construction Corporation were not guilty of oppressive actions toward the petitioners; hence, petitioners are not entitled to relief under Business Corporation Law § 1104-a (a) (1). (Appeal from order and judgment of Supreme Court, Niagara County, McGowan, J.—corporate dissolution.) Present—Callahan, J. P., Denman, Boomer, Green and Schnepp, JJ.