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ABCO BUS CO., INC. v. MACCHIAROLA

75 A.D.2d 831 (1980)

Abco Bus Co., Inc., Respondent, v. Frank J. Macchiarola, Individually and as Chancellor of The Board of Education of the City of New York, et al., Appellants

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

May 12, 1980

Judgment affirmed, without costs or disbursements.

Abco was formed in 1971. It had a total of three shareholders: Lorenzo Lampazi, who owned 50% of its shares, and Lawrence Paladino and Jacqueline Greenberg, each of whom owned 25% of the shares. Since 1971 Abco had been satisfactorily transporting handicapped children for the board of education pursuant to a contract that had an expiration date in June, 1979. Prior thereto the board invited bids for the transportation...

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