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MATTER OF COX

188 A.D.2d 915 (1992)

In the Matter of the Arbitration between Katherine R. Cox, as Executrix of Lyman S. Cox, Jr., Deceased, Respondent, and Robert D. Mitchell et al., Appellants

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

December 24, 1992

Crew III, J.

Petitioner's decedent, Lyman S. Cox, Jr., was the founder, chief executive officer and majority shareholder of Air Kentucky Airlines, Inc. (hereinafter Air Kentucky), a small commuter airline headquartered in Owensboro, Kentucky. In December 1985, decedent and certain family members agreed to sell a controlling interest in Air Kentucky to respondents and a third individual (who is not a party to...

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