Graczykowski v. Ramppen

Appeal from that part of an order of the Supreme Court at Special Term (Ellison, J.), entered March 31,1983 in Broome County, which held that plaintiff Julian Graczykowski had standing to sue in his capacity as a shareholder and required defendant Frank E. Ramppen to post a bond of $150,000 pending the outcome of plaintiffs’ shareholder’s derivative suit. H In 1978, plaintiff Julian Graczykowski and defendant Frank E. Ramp-pen entered into a business venture known as Fadco-Endicott. This business venture was engaged in the marketing of design and drafting services. In October, 1978, the…