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EKLUND v. PINKEY

30 A.D.3d 957 (2006)

816 N.Y.S.2d 912

WILLIAM A. EKLUND et al., Appellants, v. SUSAN E. PINKEY et al., Respondents.

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

June 29, 2006.

Rose, J.

As described more fully in our decision in a prior related action (Eklund v Pinkey, 27 A.D.3d 878 [2006]), the parties are family members who own shares in four closely-held corporations. Under the bylaws of each corporation, the parties' shares are subject to a covenant restricting their transferability by giving first the corporation and then the other shareholders the right to purchase any shares before they can...

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