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Traktman v. Atlantic Pacific Oil Co., Inc.

Appellate Division of the Supreme Court of New York, Second Department
Dec 5, 1983
98 A.D.2d 719 (N.Y. App. Div. 1983)

Opinion

December 5, 1983


In an action by a stockholder, inter alia, to obtain an audit of the defendant corporation's books and records, defendant appeals from an order of the Supreme Court, Kings County (Kartell, J.), dated November 16, 1982, which denied its motion to dismiss the complaint and granted plaintiff's cross motion to punish it for contempt to the extent of directing it to produce certain of its corporate books and records. Order affirmed, with costs. Inasmuch as the defendant has failed to demonstrate a lack of good faith by plaintiff or any other reason why the documents requested should not be produced, Special Term's order constitutes an appropriate exercise of discretion (Business Corporation Law, § 624; Matter of Crane Co. v. Anaconda Co., 39 N.Y.2d 14; O'Brien v. O'Brien, 75 A.D.2d 641, mot for lv to app dsmd 51 N.Y.2d 1006). Titone, J.P., Gibbons, O'Connor and Rubin, JJ., concur.


Summaries of

Traktman v. Atlantic Pacific Oil Co., Inc.

Appellate Division of the Supreme Court of New York, Second Department
Dec 5, 1983
98 A.D.2d 719 (N.Y. App. Div. 1983)
Case details for

Traktman v. Atlantic Pacific Oil Co., Inc.

Case Details

Full title:JEROME TRAKTMAN, Respondent, v. ATLANTIC PACIFIC OIL CO., INC., Appellant

Court:Appellate Division of the Supreme Court of New York, Second Department

Date published: Dec 5, 1983

Citations

98 A.D.2d 719 (N.Y. App. Div. 1983)

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