Legal Opinion

Molod v. Berkowitz

Appellate Division of the Supreme Court of the State of New York

Decided November 12, 1996Published

1Opinion of the Court

Judgment, Supreme Court, New York County (Charles Ramos, J.), entered April 8, *1501996, granting petitioner’s application pursuant to Business Corporation Law § 1104 for judicial dissolution of the subject law firm, and denying respondent’s cross motion to dismiss the petition, unanimously affirmed, with costs.

"In the case of a close corporation the relationship between the shareholders is akin to that of partners and when the relationship begins to deteriorate, the ensuing deadlock and dissension can effectively destroy the orderly functioning of the corporation”. (Greer v Greer, 124 AD2d…

2Cases cited4 opinions

  1. In re the Dissolution of T. J. Ronan Paint Corp.Appellate Division of the Supreme Court of the State of New York · 1984
  2. Greer v. GreerAppellate Division of the Supreme Court of the State of New York · 1986
  3. In re the Dissolution of Cunningham & Kaming, P. C.Appellate Division of the Supreme Court of the State of New York · 1980
  4. In re the Dissolution of Glamorise Foundations, Inc.Appellate Division of the Supreme Court of the State of New York · 1996

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