AMARANT v. D'ANTONIO


197 A.D.2d 432 (1993)

602 N.Y.S.2d 837

Philip Amarant, Individually and as a Shareholder and on Behalf of Mercury Beach-Maid, Inc., Respondent, v. Thomas D'Antonio, Sr., et al., Appellants

Appellate Division of the Supreme Court of the State of New York, First Department.

October 19, 1993


The parties to this action for specific performance are officers and directors of Mercury Beach-Maid, Inc. ("MBM"), each owning approximately one-third of the shares of the corporation. MBM is a retail clothing business organized under the laws of this State.

At issue is a written agreement among the parties providing for the sale of their shares to three long-term employees of MBM, Thomas D'Antonio and Gary Hiller, the sons of defendants, and Larry Laimo. The document...

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