Legal Opinion
In re the Dissolution of Sunburst Associates, Inc.
Appellate Division of the Supreme Court of the State of New York
Decided May 9, 2013Published
1Opinion of the CourtStein, J.
Appeal from an order of the Supreme Court (Devine, J.), entered May 4, 2012 in Albany County, which, upon remittal, dismissed petitioner’s application, in a proceeding pursuant to Business Corporation Law article 11, to direct the judicial dissolution of Sunburst Associates, Inc.
*1225Sunburst Associates, Inc. is a closely-held corporation that was created in 1995. For a substantial period of its existence, Sunburst’s ownership was split evenly between petitioner and respondent, with each party owning 10 shares of stock. In April 2010, petitioner commenced this proceeding pursuant to Business…
2Cases cited5 opinions
- Hunt v. HuntAppellate Division of the Supreme Court of the State of New York · 1995
- Heisler v. GingrasNew York Court of Appeals · 1997
- Newland v. StateAppellate Division of the Supreme Court of the State of New York · 1994
- Sawhorse Lumber & More, Inc. v. PerrottaAppellate Division of the Supreme Court of the State of New York · 2001
- In re Dissolution of Sunburst Associates, Inc.Appellate Division of the Supreme Court of the State of New York · 2012