Legal Opinion
Assael v. Assael
Appellate Division of the Supreme Court of the State of New York
Decided November 19, 1987PublishedCited by 3 opinions
1Opinion of the Court
OPINION OF THE COURT
Sandler, J.
Petitioners and respondents, two brothers and their respective families, each own 50% of the shares of Daisy Sportswear, Inc. (Daisy), a manufacturer of women’s sportswear. Daisy was comprised of a Department Store Division operated by petitioners and a Discount Division operated by respondents. After escalating disputes between petitioners and respondents became disruptive of Daisy’s business operations, they entered into two agreements on October 21, 1986, a "tri-corporate agreement” and a shareholders agreement. The central purpose of these agreements,…
2Cases cited8 opinions
- De Sapio v. KohlmeyerNew York Court of Appeals · 1974
- Matter of Zimmerman v. . CohenNew York Court of Appeals · 1923
- Sherrill v. Grayco Builders, Inc.New York Court of Appeals · 1985
- In re the Arbitration between City School District & Poughkeepsie Public School Teachers Ass'nNew York Court of Appeals · 1974
- Denihan v. DenihanNew York Court of Appeals · 1974
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3Cited by3 opinions
- Johanson Resources, Inc. v. LaValleeAppellate Division of the Supreme Court of the State of New York · 2000
- Berg v. DimsonAppellate Division of the Supreme Court of the State of New York · 1989
- In re the Arbitration between Riggi & Wade Lupe Construction Co.Appellate Division of the Supreme Court of the State of New York · 1991