MATTER OF CRISTO BROS., INC.


64 N.Y.2d 975 (1985)

In the Matter of the Dissolution of Cristo Brothers, Inc. Nicholas A. Cristo, Appellant; Sebastian Cristo, Respondent.

Court of Appeals of the State of New York.

Decided March 26, 1985.


Attorney(s) appearing for the Case

Jerome K. Frost for appellant.

Philip F. Calderone for respondent.

Chief Judge WACHTLER and Judges JASEN, MEYER, SIMONS, KAYE and ALEXANDER concur in memorandum.


MEMORANDUM.

The order of the Appellate Division should be affirmed, with costs, and the certified question answered in the negative.

The legislative history of Business Corporation Law § 1118 contains nothing to indicate why it accorded a buy-out privilege in any proceeding brought pursuant to section 1104-a but not with respect to a dissolution proceeding under Business Corporation Law § 1104. We agree...

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