Walker & Zanger (West Coast), Ltd. v. Zanger

Order and judgment (one paper), Supreme Court, New York County (Herman Cahn, J.), entered February 5, 1997, which, inter alia, granted the motion of defendants Leon Zanger, Jonathan A. Zanger and Claudia Z. Springer for summary judgment on their cross-claim and directed defendant Estate of Thomas Iberti to sell shares of plaintiff corporation to plaintiff corporation, unanimously affirmed, without costs.

The motion court properly determined that paragraphs Fifth and Seventh of the 1992 Shareholders Agreement permitted inter vivos transfers among family members but prevented testamentary…