Kesten v. Morris

Plaintiff moves, pursuant to sections 150, 151 and 162 of article 11 of the General Corporation Law, and section 974 of article 60 of the Civil Practice Act, for the appointment of a receiver, pendente lite, of the assets and property interests and rights of the corporate defendant and for a temporary injunction against the individual defendants as well as the corporate defendant from selling or otherwise disposing of any of the assets or funds of the corporation.

The action is a derivative suit in equity by plaintiff as a stockholder, officer and director of the defendant corporation Atlantis…