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LEFKOWITZ v. MR. MAN, LTD.

111 A.D.2d 119 (1985)

Emanuel Lefkowitz, Respondent, v. Mr. Man, Ltd., et al., Appellants, et al., Defendant Mr. Man, Ltd., Third-Party Plaintiff-Appellant, v. Manny Lefkowitz, Inc., et al., Third-Party Defendants-Respondents

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

May 23, 1985

Plaintiff Lefkowitz is a former officer and director of defendant Mr. Man, Ltd., and the owner of 40% of the corporation's common stock. He commenced this action against defendants, the corporation, Hsu and Sunshine. Hsu and Sunshine are the only directors of the corporation and each owns 30% of the common stock. Plaintiff asserts in the complaint that defendants must pay him a "fair" price, alleged to be $250,000, for his shares...

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