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WHITBREAD-NOLAN, INC. v. SHAFFER

183 A.D.2d 610 (1992)

Whitbread-Nolan, Inc., et al., Petitioners, v. Gail S. Shaffer, as Secretary of State of The State of New York, Respondent

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

May 21, 1992

Petitioner Whitbread-Nolan, Inc., which is currently the subject of a Federal bankruptcy reorganization, was a real estate brokerage firm owned by petitioners Agnes F. and Richard E. Nolan. Although all three are licensed by respondent as real estate brokers, Whitbread-Nolan was compelled to cease operations as a result of its severe financial difficulties. It was largely due to these problems that an administrative proceeding was commenced in August of 1987 as a result of...

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