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MOLOD v. BERKOWITZ

233 A.D.2d 149 (1996)

649 N.Y.S.2d 438

Frederick M. Molod, Individually and as President, Director and Shareholder of Molod & Berkowitz, P. C., Respondent, v. Seymour Berkowitz, Individually and as Secretary, Director and Shareholder of Molod & Berkowitz, P. C., Appellant, et al., Respondent

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

November 12, 1996

"In the case of a close corporation the relationship between the shareholders is akin to that of partners and when the relationship begins to deteriorate, the ensuing deadlock and dissension can effectively destroy the orderly functioning of the corporation". (Greer v Greer, 124 A.D.2d 707, 708.) Here, the evidence of dissension between the two 50% shareholders of the subject law firm leaves...

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