ABRAMS v. CHATSWORTH REALTY CORP.


143 A.D.2d 596 (1988)

Robert Abrams, as Attorney-General of The State of New York, Respondent, v. Chatsworth Realty Corporation, Appellant

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

October 20, 1988


This is a proceeding for the appointment of a receiver brought by the Attorney-General pursuant to Business Corporation Law § 1202 (a) (3). That section authorizes the appointment of a receiver "to preserve the assets of a corporation, which has no officer within this state qualified to administer them." Two rent-controlled and rent-stabilized apartment buildings in New York County are involved. When the action was commenced...

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