Legal Opinion

In re the Dissolution of HGK Asset Management, Inc.

Appellate Division of the Supreme Court of the State of New York

Decided June 11, 1996PublishedCited by 4 opinions

1Opinion of the Court

Petitioner’s allegations that he owns one-third of the shares in the subject corporation, that the other two one-third shareholders summarily expelled him from his directorship, fired him as an officer and employee of the corporation, and denied him all .forms of compensation, benefits and access to corporate property, and that he reasonably expected to be employed, remain a director, and be treated equally with the other two directors for as long as he remained a shareholder, suffice not only to state a cause of action for involuntary dissolution (see, Matter of Kemp & Beatly [Gardstein], 64…

2Cases cited3 opinions

  1. In Re the Judicial Dissolution of Kemp & Beatley, Inc.New York Court of Appeals · 1984
  2. Spano v. O'HaraNew York Court of Appeals · 1988
  3. I. Burack, Inc. v. BurackAppellate Division of the Supreme Court of the State of New York · 1988

3Cited by4 opinions

  1. In Re Dissolution of Twin Bay Village, Inc.Appellate Division of the Supreme Court of the State of New York · 2017
  2. Williamson v. Williamson, Picket, Gross, Inc.Appellate Division of the Supreme Court of the State of New York · 1999
  3. Chadbourne & Parke, LLP v. HGK Asset Management, Inc.Appellate Division of the Supreme Court of the State of New York · 2002
  4. LaBarbera v. D'AmicoAppellate Division of the Supreme Court of the State of New York · 1997

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