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MATTER OF CLINE v. DONOVAN

1971, 650117/09, 1971A

72 A.D.3d 471 (2010)

901 N.Y.S.2d 2

In the Matter of LAWRENCE A. CLINE, as a Member of Private Capital Management, LLC, Respondent, et al., Petitioner, v. THOMAS B. DONOVAN, Appellant.

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

Decided April 8, 2010.

The petition alleges that the two equal managing members of PCM, petitioner Cline and respondent Donovan, no longer speak to each other and have taken antagonistic positions in ongoing, intractable litigation, which has resulted in the deadlock of PCM.

There is a related action entitled Ficus Invs., Inc. v Private Capital Mgt., LLC (61 A.D.3d 1 [2009]). Ficus, a Florida corporation...

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