Legal Opinion

Cortes v. 3A North Park Ave. Rest Corp.

New York Supreme Court

Decided October 28, 2014PublishedCited by 3 opinions

1Opinion of the Court

*672OPINION OF THE COURT

Carolyn E. Demarest, J.

Plaintiff Porfirio Cortes commenced the instant action by filing his complaint on June 13, 2011, based upon his undisputed ownership of 16.67% of the shares of the corporate defendant, for which he paid $50,000 in 2003. Pursuant to a written agreement dated August 9, 2003, executed by Cortes and defendant Angelo Ramunni, if purchaser Cortes decided to sell his shares or resign his position as “managing partner” of the corporation, seller had the option of first refusal to purchase the shares “unless said resignation is caused by the demand of the…

2Cases cited43 opinions

  1. Sharp v. KosmalskiNew York Court of Appeals · 1976
  2. In re the Estate of RothkoNew York Court of Appeals · 1977
  3. Abrams v. DonatiNew York Court of Appeals · 1985
  4. In Re the Judicial Dissolution of Kemp & Beatley, Inc.New York Court of Appeals · 1984
  5. Lamdin v. Broadway Surface Advertising Corp.New York Court of Appeals · 1936

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3Cited by3 opinions

  1. RamiroAviles v. S&P Global, Inc.District Court, S.D. Illinois · 2019
  2. Kassab v. KasabNew York Supreme Court · 2017
  3. Zelouf International Corp. v. ZeloufNew York Supreme Court · 2014

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