Szelega v. O'Hara

*891This appeal constitutes the third time the parties have been before this court in litigation arising out of the ownership and control of defendant Farega Realty Corporation (hereinafter the corporation), a small corporation whose only asset is an apartment building (see, Matter of Farega Realty Corp. [Szelega], 132 AD2d 797; Matter of Szelega v Farega Realty Corp., 97 AD2d 874). Plaintiffs, as minority shareholders, commenced this derivative action when defendant Dolores O’Hara, an officer, director and the majority shareholder, obtained authorization for the corporation to execute a…