Rose, J.
Petitioners, who collectively own 50% of the shares of Eklund Farm Machinery, Inc. (hereinafter EFM), commenced this proceeding pursuant to Business Corporation Law § 1104 seeking to dissolve EFM. Among other things, they alleged that, pursuant to Business Corporation Law § 1104 (a) (3), EFM's two factions of shareholders are so irreconcilably divided that dissolution would be beneficial to shareholders. Respondents, the owners of the remaining...
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