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  5. 97 A.D.2d 283 (1983)
 

MATTER OF DISSOLUTION OF T. J. RONAN PAINT CORP.

97 A.D.2d 283 (1983)

In the Matter of the Dissolution of T. J. Ronan Paint Corp. John Doran et al., Respondents; Edward J. Lennon, Jr., et al., Appellants

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

December 1, 1983

Attorney(s) appearing for the Case

Lother Nachman and Arthur Markewich for temporary receiver-respondent.

Herbert F. Roth of counsel (Finley, Kumble, Wagner, Heine, Underberg & Casey, attorneys), for appellants.

James G. Meade and Richard A. Librett of counsel (Munley, Meade, Burns & Nielsen, P. C., attorneys), for respondents.

MURPHY, P. J., ASCH, FEIN, MILONAS and KASSAL, JJ., concur.

Per Curiam.

This proceeding, commenced February 28, 1980, seeks an involuntary judicial dissolution of T. J. Ronan Paint Corp. (Ronan) pursuant to section 1104 of the Business Corporation Law upon the following grounds: (1) there exists internal dissension between two groups of equal shareholders which has so frustrated the corporation that dissolution would be beneficial to the stockholders; (2) the directors are...

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