Joseph Kali Corp. v. A. Goldner, Inc.

*398Plaintiff Dorani was, at all relevant times, the tenant of commercial space at a building owned by defendant Holding Corp., and plaintiff Kali used these premises to engage in the sale and manufacture of women’s clothing and accessories. Although Joseph Kalimian was the sole shareholder and principal of both Dorani and Kali, the two were still individual corporate entities that kept separate bank accounts and filed separate tax returns, notwithstanding that Dorani’s only business was to act as a leaseholder. After a flood at the store caused by a leak in the sprinkler system, damaging the…