MATTER OF BERNSTEIN

506885

67 A.D.3d 1287 (2009)

889 N.Y.S.2d 721

2009 NY Slip Op 08737

In the Matter of the Claim of JEFFERY I. BERNSTEIN, Appellant. COMMISSIONER OF LABOR, Respondent.

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

Decided November 25, 2009.


In April 2004, claimant established a limited liability company for the purpose of setting up an investment hedge fund. Claimant's initial investment was $30,000 and total investment in the endeavor amounted to some $185,000. Subsequently, claimant accepted employment with a financial management company, but that employment ended in February 2007. In May 2007, claimant applied for and was denied unemployment insurance benefits, and the Unemployment Insurance Appeal Board...

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