Legal Opinion
Rocha Toussier y Asociados, S.C. v. Rivero
Appellate Division of the Supreme Court of the State of New York
Decided June 23, 1992PublishedCited by 7 opinions
1Opinion of the Court
Order, Supreme Court, New York County (Shirley Fingerhood, J.), entered March 21, 1991, declaring that plaintiff is the legal and beneficial owner of 100% of the issued and outstanding shares of IMG Services, Inc., and has standing as a shareholder to bring this action, unanimously affirmed, with costs.
We agree with the IAS court’s conclusion that plaintiff was a shareholder of IMG Services at the time of bringing the action and at the time of the transaction of which it complains, satisfying the rigorously enforced "contemporaneous ownership” rule of Business Corporation Law § 626 (b)…
2Cases cited3 opinions
- Independent Investor Protective League v. Time, Inc.New York Court of Appeals · 1980
- Thoreson v. Penthouse International, Ltd.Appellate Division of the Supreme Court of the State of New York · 1992
- In re RappaportAppellate Division of the Supreme Court of the State of New York · 1985
3Cited by7 opinions
- Hunt v. HuntAppellate Division of the Supreme Court of the State of New York · 1995
- Blank v. BlankAppellate Division of the Supreme Court of the State of New York · 1998
- DeMarco v. Clove Estates, Inc.Appellate Division of the Supreme Court of the State of New York · 1998
- In the Estate of Purnell v. LH Radiologist, P. C.Appellate Division of the Supreme Court of the State of New York · 1996
- In re the Dissolution of Penepent Corp.Appellate Division of the Supreme Court of the State of New York · 1993
2 more not listed; retrieve them via the Exa API.