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HOWARD v. CARR

222 A.D.2d 843 (1995)

635 N.Y.S.2d 326

Robert B. Howard, Individually and as a Shareholder, Officer and Director of Syndac Investors, Inc., Doing Business as The Howard Companies, et al., Respondents, v. Howard Carr et al., Appellants

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

December 14, 1995

Mikoll, J. P.

Plaintiffs commenced this action against defendants alleging, inter alia, that defendant Howard Carr had breached his duty of good faith under Business Corporation Law §§ 715 and 717 by converting business assets and opportunities of plaintiff Syndac Investors, Inc.

Plaintiff Robert B. Howard and Carr incorporated Syndac in 1981 for the purpose of selling and leasing commercial and industrial properties. Each owned...

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