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Matter of Hayes v. Festa

Appellate Division of the Supreme Court of New York, First Department
Mar 15, 1994
202 A.D.2d 278 (N.Y. App. Div. 1994)

Opinion

March 15, 1994

Appeal from the Supreme Court, Queens County (Stanley Katz, J.).


The argument that the subject agreement requires that a private right of division of assets be honored before a claim for dissolution under Business Corporation Law § 1104 is considered was rendered moot by a subsequent order confirming a Referee's report rendered after a full hearing on the dissolution issue and dismissing the section 1104 petition (see, Matter of Hayes v Festa, 202 A.D.2d 277 [decided herewith]).

Were we to reach the merits we would find that appellants' interpretation of the subject agreement would void the express exception for involuntary dissolution by rendering it meaningless.

Concur — Rosenberger, J.P., Asch, Rubin, Williams and Tom, JJ.


Summaries of

Matter of Hayes v. Festa

Appellate Division of the Supreme Court of New York, First Department
Mar 15, 1994
202 A.D.2d 278 (N.Y. App. Div. 1994)
Case details for

Matter of Hayes v. Festa

Case Details

Full title:In the Matter of WILLIAM HAYES et al., Respondents, v. FRANK FESTA et al.…

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

Date published: Mar 15, 1994

Citations

202 A.D.2d 278 (N.Y. App. Div. 1994)
612 N.Y.S.2d 824