1. Home
  2. Browse Decisions
  3. A.D.2d
  4. 229 A.D.2d
  5. 229 A.D.2d 347 (1996)
 

MATTER OF M. KRAUS, INC.

229 A.D.2d 347 (1996)

645 N.Y.S.2d 304

In the Matter of the Dissolution of M. Kraus, Inc. Drake Zarnin et al., Appellants; Martin Rubenfeld, Respondent

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

July 18, 1996

Petitioners are the son-in-law and daughter of Kermit Kraus, the former owner of 50 shares representing 50% of the stock of M. Kraus, Inc. The petitioners purchased the 50 shares from Kraus in an agreement of January 1, 1983, for $150,000, payable in $20,000 annual installments with 9% interest. While the agreement provided that the stock would be held in escrow by the corporation's accountant until the full purchase price was paid, the agreement specifically stated: "KRAUS...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases