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BALSAMIDES v. PERLE

712 A.2d 673 (1998)

313 N.J. Super. 7

Emanuel BALSAMIDES, Sr., Emanuel Balsamides, Jr., and Thomas Balsamides, Plaintiffs-Respondents/ Cross-Appellants, v. Leonard M. PERLE, Defendant-Appellant/ Cross-Respondent, and Protameen Chemicals, Inc., Adam Perle, Daniel Perle, Manlen Realty Corp., and Relco Chemical Co., Inc., Defendants/Cross-Respondents.

Superior Court of New Jersey, Appellate Division.

Decided June 17, 1998.

Attorney(s) appearing for the Case

Martin N. Crevina, Glen Rock, for defendant-appellant/cross-respondent Leonard M. Perle and for defendants/cross-respondents (Buckalew, Frizzell & Crevina, attorneys; Robert J. Buckalew and Mr. Crevina, on the brief).

Alan S. Pralgever, Roseland, for plaintiffs-respondents/cross-appellants (Brach, Eichler, Rosenberg, Silver, Bernstein, Hammer & Gladstone, attorneys; Daniel L. Schmutter and Mr. Pralgever, on the brief).

Before Judges DREIER, PAUL G. LEVY and WECKER.

The opinion of the court was delivered by DREIER, P.J.A.D.

Defendant Leonard N. Perle, the owner of one-half of the stock in Protameen Chemicals, Inc., appeals from a judgment in favor of plaintiff Emanuel Balsamides, Sr., the owner of the other one-half interest, and his sons, directing Perle to sell his stock in this deadlocked corporation for $1,960,500. The judge further awarded...

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