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R.A.S. ENTERS., INC. v. DARO INDUS., INC.

126 A.D.2d 481 (1987)

R.A.S. Enterprises, Inc., et al., Respondents, v. Daro Industries, Inc., et al., Defendants, and Daniel Liker, Appellant

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

January 27, 1987

The issues on this appeal had their genesis in an action commenced in 1970 by plaintiffs, R.A.S. Enterprises, Inc., and Ronald Stewart, individually and as a 50% stockholder of Daro Industries, Inc., against Daro Industries, Inc. and Daniel Liker, the other 50% shareholder, seeking damages and an accounting. In June 1970, shortly after commencement of the action, the trial court appointed a temporary receiver for the purpose of...

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