JONES v. JONES


223 A.D.2d 483 (1996)

637 N.Y.S.2d 83

Karen Jones et al., Individually and on Behalf of Themselves and Other Shareholders of Jones Chemicals, Inc., Similarly Situated, Respondents, v. Marjorie Jones, as Executrix of Robert B. Jones, Sr., Deceased, et al., Appellants, et al., Defendant

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

January 25, 1996


Plaintiffs-shareholders satisfied the demand requirements of Business Corporation Law § 626 (c) by forwarding a draft copy of the complaint with a demand letter to defendants-directors two and a half months prior to instituting this action (see, Ripley v International Rys., 8 A.D.2d 310, 317, affd 8 N.Y.2d 430). Upon our review of...

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