Sutton v. Sutton
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
Judgment, Supreme Court, New York County (Leland DeGrasse, J.), entered October 9, 1992, which granted the petition declaring effective a resolution adopted by 70% of the shareholders to strike the unanimity provisions of the amended certificate of incorporation and directing respondent to sign and cause to be delivered for filing a certificate of amendment effectuating this resolution, unanimously reversed, on the law, and the petition is denied, without costs.
A corporation is permitted to adopt, in its certificate of incorporation, a supermajority rule (i.e., requiring greater than a simple…
2Cases cited6 opinions
- Zion v. KurtzNew York Court of Appeals · 1980
- Garson v. RappingNew York Court of Appeals · 1985
- Garson v. GarsonAppellate Division of the Supreme Court of the State of New York · 1984
- Adler v. SvingosAppellate Division of the Supreme Court of the State of New York · 1981
- Dubin v. MuchnickNew York Supreme Court · 1981
1 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- Darnet Realty Associates, LLC v. 136 East 56th Street Owners, Inc.Court of Appeals for the Second Circuit · 1998
- Ench v. BreslinAppellate Division of the Supreme Court of the State of New York · 1997
- MATTER OF SUTTON v. SuttonNew York Court of Appeals · 1994
- United States Court of Appeals, Second CircuitCourt of Appeals for the Second Circuit · 1998