Legal Opinion

In Re the Judicial Dissolution Under Section 1104 of the Business Corporation Law of the Klein Law Group, P.C.

Appellate Division of the Supreme Court of the State of New York

Decided December 3, 2015No. 651609/14 16312A 16312Published

1Opinion of the Court

Orders, Supreme Court, New York County (Lawrence K. Marks, J.), entered March 10, 2015, which, respectively, denied the petition for judicial dissolution of respondent law firm, and granted the motion to deny the petition and denied the remaining issues as moot, unanimously affirmed, without costs.

“The ultimate remedy of dissolution and forced sale of corporate assets should only be applied as a last resort” (Matter of 168 1/2 Delancey Corp., 174 AD2d 523, 526 [1st Dept 1991]). Accordingly, the motion court providently exercised its discretion when it denied the petition for dissolution of…

2Cases cited2 opinions

  1. In re the Dissolution of Gordon & Weiss, Inc.Appellate Division of the Supreme Court of the State of New York · 1969
  2. In re the Dissolution of 168½ Delancey Corp.Appellate Division of the Supreme Court of the State of New York · 1991

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