Carleton, LLC v. Balagur

The plaintiff, Carleton, LLC, appeals from an order of the Superior Court Vaughan, J.) construing RSA 293-A:14.34(g) and finding that the defendants’ notice of intention to adopt articles of dissolution was timely filed. We affirm.

*503The record supports the following. In 1995, Bukk Carleton and defendant Richard Balagur formed defendant MTS Corporation (MTS) for the purpose of purchasing land and operating as a real estate holding company. Of the 1,000 MTS shares, Richard Balagur owned 400, his mother, defendant Adrienne Balagur, owned 100, and the trustee of a trust for Carleton’s daughters…