MATTER OF ASHFORD MANAGEMENT GROUP, INC.


261 A.D.2d 863 (1999)

689 N.Y.S.2d 792

In the Matter of the Dissolution of ASHFORD MANAGEMENT GROUP, INC. KENNETH C. BURNHAM, Appellant; LINDA ROMANO et al., Respondents.

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

Decided May 7, 1999.


Judgment unanimously affirmed without costs.

Memorandum:

Petitioner, the owner of a 37½% interest in respondent corporation, commenced this dissolution proceeding pursuant to Business Corporation Law § 1104-a (a) (1). The remaining shareholders elected to purchase his interest in the corporation pursuant to Business Corporation Law § 1118, and a trial was held to determine the fair value of the minority interest (see, Matter of Seagroatt...

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