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Daily Archives: Monday, August 14, 2017

Posted: August 14, 2017

Court Orders Dissolution of Family-Owned Corporation

On August 3, 2017, following a 6-day bench trial, Justice Dufficy of the Queens County Commercial Division issued a decision in Kassab v. Kasab, 2017 NY Slip Op. 50986(U), ordering the majority shareholder of a family-owned corporation to buy out the minority owner’s shares, and failing that, ordering dissolution of the corporation. At issue in… Read more »