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MATTER OF MILAZZO v. HAMERSCHLAG

2908, 603804/07

73 A.D.3d 666 (2010)

900 N.Y.S.2d 870

In the Matter of PETER G. MILAZZO, Appellant, v. LESLIE HAMERSCHLAG, Respondent.

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

Decided May 27, 2010.

The evidence of a recent arm's length offer to purchase the subject business for an amount that petitioner calculated would yield $125,000 for his shares and petitioner's willingness to accept the $125,000 supports the court's determination of the value of petitioner's shares (see Matter of Pace Photographers [Rosen], 71 N.Y.2d 737

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