In re the Judicial Dissolution of Cortland MHP Associates, Inc.

—Amended judgment unanimously affirmed with costs. Memorandum: Petitioners, collectively the owners of 30% of the outstanding shares of Cortland MHP Associates, Inc., commenced this proceeding pursuant to Business Corporation Law § 1104-a seeking judicial dissolution of the corporation. The petition named five individuals, one of whom, respondent Kenneth C. Burnham, ultimately came to own the remaining 70% of the outstanding shares of the corporation. In his answer, Burn-ham, pursuant to Business Corporation Law § 1118, elected to purchase the shares of petitioners, resulting in a hearing on…