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  5. 215 A.D.2d 341 (1995)
 

MATTER OF COHEN

215 A.D.2d 341 (1995)

627 N.Y.S.2d 40

In the Matter of Maxi Cohen, Appellant. Four Way Features, Inc., Doing Business as First Run Features and First Run Icarus Features, Respondent

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

May 30, 1995

The order of reference in this valuation proceeding pursuant to Business Corporation Law § 1118 was clearly to hear and report, and the IAS Court, which is vested under the statute with the ultimate responsibility for determination of the issue, was free to "confirm or reject" the report "in whole or in part", or to "make new findings with or without taking additional testimony" pursuant to CPLR 4403, without the restrictions which might otherwise apply with respect...

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