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MATTER OF TYK

220 A.D.2d 907 (1995)

632 N.Y.S.2d 681

In the Matter of the Claim of Simha Tyk, Appellant. John E. Sweeney, as Commissioner of Labor, Respondent

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

October 19, 1995

Claimant was the president and a 50% shareholder of a wholesale clothing company. Claimant closed the company as the result of declining sales. The Board denied his claim for unemployment insurance benefits, finding that he was not totally unemployed because he participated in and stood to gain financially from the winding down of the business. We find that substantial evidence supports the Board's decision. The collection of accounts...

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