MATTER OF CAMP SHANE, INC.


183 A.D.2d 1086 (1992)

In the Matter of the Dissolution of Camp Shane, Inc. David Ettenberg, Respondent; Selma Ettenberg et al., Appellants

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

May 21, 1992


Mikoll, J.

Camp Shane, Inc. (hereinafter CSI) is a closely held corporation that owns and operates a co-ed diet camp for children in the Town of Liberty, Sullivan County. Respondents formed CSI in about 1968 and each own 25.5% of CSI's outstanding stock; petitioner, who is respondents' son, began working at CSI in about 1980 and owns the remaining 49% of CSI's stock. Pursuant to an agreement made between the...

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