MATTER OF SCHWEN


154 A.D.2d 601 (1989)

In the Matter of Marcia G. Schwen, Appellant. Village Times, Inc., Respondent

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

October 23, 1989


Ordered that the order is affirmed, with costs.

The petitioner seeks to have the respondent corporation dissolved on the basis of allegations that the corporation's major shareholder has engaged in oppressive conduct, including the misappropriation of over $50,000 in corporate assets. In opposition to the petitioner's motion for summary judgment, the majority shareholder averred that the corporate assets referred to by the petitioner were expended for valid

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