Levine v. Styleart Press, Inc.

This is a motion for temporary injunction pendente lite. Plaintiff and the two individual defendants own 100% of the stock of Styleart Press, Inc. They each are officers and directors of said corporation. They all entered into a stockholders’ agreement whereby, inter alia, each stockholder agreed to offer his stock to remaining stockholders before selling to outsiders, and a formula for assessing the value of said stock was agreed upon.

There has been some internecine strife amongst said stockholders. The plaintiff refuses to sell his stock. The other two stockholders (defendants) have…