MATTER OF BOHRER v. BOHRER REALTY CORP.


157 A.D.2d 458 (1990)

In the Matter of Morris Bohrer, Appellant, v. Bohrer Realty Corp., Respondent

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

January 4, 1990


The petitioner and his two brothers were each one-third shareholders in the respondent corporation and in other corporations. Each brother ran a clothing store, although each store was owned by a corporation that was held in one-third shares by each of the three brothers. When the store controlled by the petitioner was destroyed by a fire, approximately $100,000 in fire insurance proceeds was realized. Evidence in the record supports the conclusion of the Judicial Hearing...

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