The dispute in this case arises out of a purported contract of sale to plaintiff of the shares of stock of Hasad Realty Corporation (Hasad) by the individual defendants (the Sellers), Hasad's sole shareholders.
Hasad's primary, if not sole, asset is real property on East 1st Street in Manhattan. That property is subject to a lease between Hasad, as landlord, and a tenant, Market Purveyor Co., Inc. (Market Purveyor), a corporation owned principally by defendant Leonard...
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