Search for: "Ferolito Vultaggio "
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6 Aug 2012, 12:50 am
Vultaggio, NY Slip Op 05707 (1st Dept. 2012).Here is the decision.Tomorrow’s issue: Making out a fraud claim. [read post]
11 Oct 2010, 4:00 am
Initially, Vultaggio managed the warehouse operations and Ferolito managed the corporate office. [read post]
27 Oct 2014, 3:30 am
Vultaggio sought a December 31, 2012, valuation date. [read post]
27 Apr 2010, 7:00 pm
John Ferolito and Don Vultaggio, the two owners of the Company looked at a map to see where it was hot. [read post]
14 Mar 2022, 4:31 am
” Ferolito Ferolito v Vultaggio (99 AD3d 19 [1st Dept 2012]), was one of several appellate decisions in the sprawling AriZona Iced Tea litigation. [read post]
26 Jan 2015, 3:17 am
In last week’s ruling, the appellate court affirmed the denial of dissolution under BCL § 1102 but reversed the grant of common-law dissolution and dismissed the petition, stating: “[T]he remedy of common-law dissolution is available only to minority shareholders who accuse the majority shareholders and/or the corporate officers or directors of looting the corporation and violating their fiduciary duty” (Matter of Sternberg [Osman], 181 AD2d 897, 897-898; see Matter of… [read post]
2 Feb 2015, 3:07 am
[Ferolito v Vultaggio, 99 AD3d 19, 25-26] When a respondent exercises the statutory buyout election, Justice Platkin next observed, “the issue principally becomes one of establishing the fair value of the [corporations]. [read post]
8 Jul 2013, 3:03 am
Quoting from Ferolito v. [read post]
13 Feb 2023, 4:55 am
Nine months ago, we wrote about a 20% shareholder, Alvin Clayton Fernandes, whose bare bones petition Manhattan Supreme Court Justice Frank P. [read post]
19 Oct 2020, 4:19 am
” In the most recent New York appeals court decision sustaining against a dismissal motion a claim for common-law dissolution, Ferolito v Vultaggio, 99 AD3d 19 [1st Dept 2012], the Court explained: A claim for common–law dissolution is properly stated where it is alleged with sufficient factual detail that the shareholders in control have been looting the company’s assets at the expense of the minority shareholders, continuing the corporation’s existence for… [read post]
