REBELL v. MUSCAT


26 A.D.2d 685 (1966)

Harry Rebell et al., Suing Individually and as Representatives of all the Shareholders of American Steel and Pump Corporation, Appellants, v. Victor Muscat et al., Respondents

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

July 6, 1966


Order modified so as to grant the motion to the extent of enjoining the defendants pendente lite from exercising any stock options voted by the shareholders on May 4, 1966, and from exercising the right to increase or alter the capitalization or debt structure as set forth in the notice for the May 4, 1966 meeting. As so modified, order affirmed, without costs.

Defendants, Muscat, Huffines and Krock control, through...

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