In re the Claim of Guzzone

Appeal from a decision of the Unemployment Insurance Appeal Board, filed April 3, 1975, which affirmed the decision of a referee sustaining the initial determination of the Industrial Commissioner disqualifying claimant from receiving benefits because he voluntarily left his employment without good cause. Claimant was employed by a corporation of which he was the sole stockholder for many years. Claimant sold the business and, as a result, lost his employment. There was no specific agreement that claimant would stay on after the sale of the business. Claimant lost his employment through his…