KAM CHAN v. YAK LOUIS


303 A.D.2d 151 (2003)

756 N.Y.S.2d 534

SHUI KAM CHAN, Appellant, v. KWAK YAK LOUIS et al., Respondents.

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

Decided March 4, 2003.


In 1992, defendant Kwak Yak Louis (Kwak Yak) and plaintiff's now deceased husband, Che Choi Chan (Che Choi) formed Heep Cheung Corporation (Heep Cheung). Each was a 50% stockholder of the closely held corporation. In 1997, Che Choi died, and his wife, plaintiff Shui Kam Chan (Shui Kam), allegedly inherited her husband's interest in the company.

In 1999 Shui Kam, individually, and as administratrix of her husband's estate, commenced an action against Kwak Yak and Heep...

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