Legal Opinion
In re the Dissolution of Walt's Submarine Sandwiches, Inc.
Appellate Division of the Supreme Court of the State of New York
Decided May 9, 1991PublishedCited by 6 opinions
1Opinion of the CourtMahoney, P. J.
Appeal from a judgment of the Supreme Court (Prior Jr., J.), entered April 5, 1990 in Albany County, which, in a proceeding pursuant to Business Corporation Law article 11, determined the fair market value of petitioner’s stock.
Petitioner and his brother, Dominic Basile (hereinafter Basile), are the sole owners of respondent, a business corporation consisting of eight Big Dorn’s Submarine Sandwich Shops. Petitioner owns 65 shares of common stock amounting to a 32.5% interest in respondent, with Basile owning the balance. Basile was president of respondent until June 1986, when petitioner was…
2Cases cited4 opinions
- Blake v. Blake Agency, Inc.Appellate Division of the Supreme Court of the State of New York · 1985
- In re Pace Photographers, Ltd.New York Court of Appeals · 1988
- Raskin v. Walter Karl, Inc.Appellate Division of the Supreme Court of the State of New York · 1987
- D. C. Leathers, Inc. v. Gelmart Industries, Inc.Appellate Division of the Supreme Court of the State of New York · 1986
3Cited by6 opinions
- Cox Enterprises, Inc. v. News-Journal Corp.Court of Appeals for the Eleventh Circuit · 2007
- G & G Fashion Design, Inc. v. GarciaDistrict Court of Appeal of Florida · 2004
- Carolina Gardens, Inc. v. MenowitzAppellate Division of the Supreme Court of the State of New York · 1997
- Quill v. Cathedral Corp.Appellate Division of the Supreme Court of the State of New York · 1995
- In re the Dissolution of Exterior Delite, Inc.New York Supreme Court · 2006
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