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MARINCOVICH v. DUNES HOTELS AND CASINOS, INC.

41 A.D.3d 1006 (2007)

839 N.Y.S.2d 553

ANDREW P. MARINCOVICH et al., Respondents, v. DUNES HOTELS AND CASINOS, INC., Appellant.

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

Decided June 14, 2007.

Peters, J.

Plaintiffs, Andrew P. Marincovich and Erik J. Tallstrom, were officers and directors of defendant from 1979 and 1984, respectively, through April 14, 2000. In 1999, General Financial Services, Inc. (hereinafter GFS) purchased three million shares of defendant's common stock which enabled it to take control of defendant. Due to a dispute regarding GFS's acquisition of these shares, litigation ensued. To maintain the status quo until an annual meeting of...

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