In re Cohen

This is a motion which seeks to restrain and stay the respondent from taking any action with respect to the corporation except to proceed with the arbitration heretofore agreed upon by the parties through the medium of a written contract. These parties own and control equally all of the stock of the corporation, whether issued or unissued. They apparently cannot agree and. the respondent has now commenced a proceeding for the voluntary dissolution of the corporation pursuant to the provisions of section 103 of the General Corporation Law. The apparent purpose of the stay now sought is to…