Gunzberg v. Art-Lloyd Metal Products Corp.

In a proceeding pursuant to Business Corporation Law § 1104-a seeking a judicial dissolution of a closely held corporation, Art-Lloyd Metal Products Corp. appeals from a judgment of the Supreme Court, Kings County (Hirsch, J.), dated July 27, 1984, which *424ordered the dissolution of the corporation unless it or any of its shareholders elects to purchase all of the shares held by petitioners.

Judgment affirmed, with costs.

Petitioners are two brothers who ran the appellant corporation until 1979. The older brother, Fred Gunzberg, helped his father, Elias Gunzberg, form the corporation in 1946, and…