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OSMAN v. STERNBERG

168 A.D.2d 490 (1990)

Arnold Osman et al., Respondents, v. Frank Sternberg et al., Respondents, and Frank Cocozello et al., Nonparty Appellants. (Matter No. 1.) In the Matter of Frank Sternberg, Respondent, v. Arnold Osman et al., Respondents, and Frank Cocozello et al., Nonparty Appellants. (Matter No. 2.)

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

December 10, 1990

Ordered that the order is affirmed insofar as appealed from, with costs to the plaintiffs-respondents.

Contrary to the proposed intervenors' assertion, the court properly denied their motion to intervene in matter No. 2, a special proceeding for the judicial dissolution of Long Island Paneling Centers, Inc. (hereinafter LIPC). LIPC is a major stockholder in two "satellite corporations" in which the proposed intervenors also hold stock. Those "satellite corporations...

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