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MATTER OF TOWER HILL SECURITIES, INC.

270 A.D.2d 101 (2000)

704 N.Y.S.2d 250

In the Matter of the Dissolution of TOWER HILL SECURITIES, INC., Respondent. YOAV BITTER, Appellant.

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

Decided March 14, 2000.

Petitioner, one of three shareholders in the subject corporation who owns 25% of its stock, fails to show that the conduct of the other two shareholders defeated any of his expectations that, objectively viewed, were reasonable under the circumstances (see, Matter of Kemp & Beatley [Gardstein], 64 N.Y.2d 63, 73). Petitioner, who had been employed by the corporation for less than two years in a nonmanagerial, at-will position...

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