Cooper v. Ateliers de la Motobecane, S. A.

Order, Supreme Court, New York County (Nadel, J.), entered on October 16, 1980, granting defendant-respondent’s motion to vacate the prearbitration attachment and dismissing the complaint for lack of subject matter jurisdiction, reversed, on the law, motion denied and attachment reinstated, without costs. Respondent (Motobecane) is a French corporation. A New York subsidiary (Motobecane America) was established with Motobecane maintaining voting control. Appellant (Cooper) was a shareholder in the New York corporation. The shareholders’ agreement provided that the shareholders could tender…