Search for: "Commercial Credit Corporation v. Kemp"
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13 Feb 2023, 4:55 am
In the words of Suffolk County Commercial Division Justice Elizabeth H. [read post]
6 Feb 2023, 4:31 am
When that friction reached a boiling point in 2016, Marum, the shareholder in control of the business, fired the first shot by petitioning for dissolution under BCL 1104-a on the grounds that Graffeo had diverted assets away from the Corporation—he had allegedly used a corporate credit card for personal expenses. [read post]
4 Feb 2019, 3:18 am
Kemp and Feinberg both involved judicial dissolution of closely held corporations governed by Article 11 of the Business Corporation Law. [read post]