In Re the Dissolution of Ongweoweh Corp.
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
Lahtinen, J.R
Appeal from an order and judgment of the Supreme Court (Mulvey, J.), entered November 13, 2014 and November 24, 2014 in Tompkins County, which, in a proceeding pursuant to Business Corporation Law article 11, granted respondent’s motion for, among other things, summary judgment dismissing the proceeding.
Respondent is a closely held corporation in which, as of late 2012, petitioner owned 38 shares, his father owned 37 shares and his step-sister owned the remaining 25 shares. Petitioner’s employment with respondent was terminated in February 2014. A detailed shareholders’ agreement…
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