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ORLOFF v. WEINSTEIN ENTERS.

247 A.D.2d 63 (1998)

677 N.Y.S.2d 544

Madeleine Orloff et al., Appellants-Respondents, v. Weinstein Enterprises, Inc., et al., Respondents-Appellants

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

September 10, 1998

Attorney(s) appearing for the Case

Joseph J. Saltarelli of counsel (Myron D. Cohen on the brief; Hunton & Williams, and Calamari & Saltarelli, attorneys), for appellants-respondents.

Sheldon Raab of counsel (Anthony E. Satula, Jr., Arthur S. Rublin and Peter J. Mastaglio on the brief; Fried, Frank, Harris, Shriver & Jacobson, and Cullen & Dykman, attorneys), for respondents-appellants.

SULLIVAN, NARDELLI, RUBIN and SAXE, JJ., concur.

LERNER, P. J.

Plaintiffs Madeleine Orloff and Linda Jessogne are minority shareholders of defendant Weinstein Enterprises, Inc. Together, they own a 9.8% interest in the corporation's common stock, which was given to them by their grandfather, Joseph Weinstein, prior to his death in 1963. The late Mr. Weinstein, who founded the corporation in 1960, was also the founder and CEO of J.W. Mays, Inc., a public corporation...

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