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10 Oct 2016, 3:34 am by Peter Mahler
In Matter of Markman (Exterior Delite, Inc.), 14 Misc. 3d 910 [Sup Ct Bronx County 2006], following the respondents’ election to purchase the petitioner’s shares under Section 1118, the court in part relied on the surcharge provision in holding that the Special Referee who conducted the valuation hearing erred by failing to consider the petitioner’s allegations of misappropriation of funds by the controlling… [read post]