In re Sakow

This is an action seeking dissolution of a corporation pursu*230ant to Business Corporation Law § 1104. Petitioner alleged that she owned 50% of the stock, as required to demonstrate standing. The IAS court properly found, however, that one share of the stock claimed by petitioner had been sold, leaving petitioner short of the 50% stock ownership required, depriving her of standing to bring this action and requiring dismissal. Petitioner’s conclusory claim that the share transfer was a sham did not raise issues of fact warranting a hearing (see, Matter of Goodman v Lovett, 200 AD2d 670, Iv…