Leo v. LD Holdings, Inc.

Judgment, Supreme Court, New York County (Geoffrey D. Wright, J.), entered May 2, 2016, directing respondent to, among other things, issue and deliver to petitioner 200 million shares of respondent’s stock in satisfaction of an unpaid judgment, unanimously affirmed, with costs.

Supreme Court properly granted the petition for a turnover order for authorized but unissued shares to satisfy petitioner’s judgment against respondent (see Adelaide Prods., Inc. v BKN Intl. AG, 39 AD3d 254 [1st Dept 2007]; Guzov Ofsink, LLC v China Bd. Mill Corp., Sup Ct, NY County, Oct. 24, 2011, Solomon, J., index…