MATTER OF GARGANO


112 A.D.2d 225 (1985)

In the Matter of Carmelo Gargano, Respondent. King Motorcycle Corporation, Appellant

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

July 8, 1985


Order affirmed, insofar as appealed from, with costs.

In his petition for the dissolution of the King Motorcycle Corporation pursuant to Business Corporation Law § 1104-a, petitioner stated that he owned 25% of the issued shares of the corporation. He claimed, inter alia, that the other shareholders had been taking assets out of the corporation for their personal use, without properly accounting for them.

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