Ordered that the order is affirmed, with costs.
The plaintiff herein, a 33 1/3% stockholder in the defendant close corporation Beacon Factors Corp. (hereinafter Beacon), commenced this action against Beacon and against the defendant Leonard, who is also a 33 1/3% stockholder in Beacon, to recover a claimed indebtedness of Beacon which was allegedly guaranteed by Leonard.
The defendants interposed several affirmative defenses, including one alleging that Leonard...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.