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MATTER OF GOLDBERG v. HARWOOD

216 A.D.2d 152 (1995)

628 N.Y.S.2d 105

In the Matter of Gary D. Goldberg, Appellant, v. Andrew M. Harwood, Respondent, et al., Respondents

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

June 22, 1995

Pursuant to Business Corporation Law § 1005 (a) (2), a dissolved corporation remains in existence for the purpose of winding up its affairs, "with power to fulfill or discharge its contracts, collect its assets, sell its assets for cash at public or private sale, discharge or pay its liabilities, and do all other acts appropriate to liquidate its business". Consistent with this purpose of winding up the corporate affairs and...

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