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VENIZELOS v. GREGOFAM EMPRESAS COMERCIALES

239 A.D.2d 265 (1997)

657 N.Y.S.2d 680

Catherine Venizelos et al., Individually and on Behalf of All Other Shareholders Similarly Situated, Appellants, v. Gregofam Empresas Comerciales, S.A., et al., Respondents, et al., Defendants

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

May 20, 1997

The Special Referee's finding that plaintiffs had failed to sustain their burden of demonstrating a jurisdictional basis over the defendant entities was based largely upon his determination of credibility and was supported by the record (see, Huxley Barter Corp. v Considar, Inc., 216 A.D.2d 24). However, defendant Gregos' undisputed testimony that he had visited New York to advise defendant Mourginakis with respect to the...

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