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  5. 163 A.D.2d 316 (1990)
 

MATTER OF PACE PHOTOGRAPHERS, LTD.

163 A.D.2d 316 (1990)

In the Matter of Pace Photographers, Ltd., Appellant. Herman Rosen, Respondent

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

July 2, 1990

Ordered that the order is affirmed, with costs.

Pace Photographers, Ltd. (hereinafter Pace) is a photography business founded in the early 1960's. The petitioner, Herman Rosen, was a cofounder of Pace and its first president. On November 10, 1982, the five sole shareholders of Pace entered into a shareholders' agreement, under which they each agreed not to sell their shares within five years of the date of the agreement...

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