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MATTER OF FLEISCHER

107 A.D.2d 97 (1985)

In the Matter of William R. Fleischer, as Holder of More Than 20% of All Outstanding Shares Entitled to Vote in an Election of Directors of Gift Pax, Inc., Respondent-Appellant. Gift Pax, Inc., et al., Appellants-Respondents

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

February 25, 1985

Attorney(s) appearing for the Case

Proskauer, Rose, Goetz & Mendelsohn (Stephen Rackow Kaye and Bruce E. Fader of counsel), for appellants-respondents.

Ballon, Stoll & Itzler (Frederick E. M. Ballon and Richard Weinberger of counsel), for respondent-appellant.

MOLLEN, P. J., TITONE and WEINSTEIN, JJ., concur.

THOMPSON, J.

I

This appeal, as in Matter of Blake v Blake Agency (107 A.D.2d 139), requires us to determine whether Special Term correctly valued a minority interest in the shares of closely held corporations where the minority shareholder has commenced a special proceeding pursuant to Business Corporation Law § 1104-a to dissolve the corporations and...

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