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MATTER OF CULLMAN VENTURES, INC. (CONK)

252 A.D.2d 222 (1998)

682 N.Y.S.2d 391

In the Matter of the Arbitration between Cullman Ventures, Inc., et al., Respondents, and Edward W. Conk et al., Appellants

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

December 29, 1998

Attorney(s) appearing for the Case

Arend J. Abel, Leigh A. Roveda and Patricia Hewitt of counsel (Leagre Chandler & Millard, and Hutton Ingram Yuzek Gainen Carroll & Bertolotti, L. L. P., attorneys), for appellants.

Edward L. Powers of counsel (Wende S. Ascher and Marla Felton on the brief; Richards & O'Neil, L. L. P., attorneys), for respondents.

MILONAS, J. P., ELLERIN, RUBIN and SAXE, JJ., concur.

TOM, J.

Respondents in this CPLR article 75 special proceeding are several members of the Conk family and a related trust, who formerly held the majority of shares in petitioner Day Dream, Inc., an Indiana corporation. Repercussions from the sale of the stock by these former shareholders to petitioner Cullman Ventures, Inc., a New York corporation, and an agreement by the reconstituted corporation to employ...

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