In re Herrero

Judgment of the Supreme Court, New York County (Franklin Weissberg, J.), entered on or about February 23, 1990, denying petitioner’s application for judicial dissolution of the respondent corporation under Business Corporation Law § 1104-a and granting the cross motion to dismiss without prejudice to petitioner’s right to commence proceedings before the American Arbitration Association, unanimously affirmed, with costs.

Petitioner and restauranteur Lawrence McIntyre incorporated a restaurant, Chelsea Central, into which they eventually brought minority shareholders. The various shareholders…