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MATTER OF FAREGA REALTY CORP.

132 A.D.2d 797 (1987)

In the Matter of Farega Realty Corporation, Respondent. Fred J. Szelega et al., Appellants

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

July 9, 1987

Harvey, J.

Petitioner Fred J. Szelega (hereinafter petitioner) seeks dissolution of a closely held corporation pursuant to Business Corporation Law § 1104-a upon the ground that the majority shareholder has allegedly subjected petitioner to oppressive actions. The corporation which petitioner seeks to dissolve is Farega Realty Corporation (hereinafter the corporation). The only asset and source of income for the corporation is a 20-unit apartment...

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