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MATTER OF LOWBET REALTY CORP. SHAU CHUNG HU

22533/11.

38 Misc.3d 589 (2012)

956 N.Y.S.2d 400

2012 NY Slip Op 22314

In the Matter of the Dissolution of LOWBET REALTY CORP. SHAU CHUNG HU, Petitioner, MARGARET LIU et al., Respondents.

Supreme Court, Kings County.

November 2, 2012.

Attorney(s) appearing for the Case

Bressler, Amery & Ross, P.C., New York City ( Kenneth M. Moltner of counsel), for petitioner. Solomon & Siris, P.C., Garden City ( Michael J. Siris of counsel), for 973 44th Street Realty LLC, proposed respondent. Lee S. Wiederkehr and Michael J. Schwartz , White Plains, for Westcor Land Title Insurance Company and another, proposed respondents. Friedman Harfenist Kraut & Perlstein LLP, Lake Success ( Steven J. Harfenist of counsel), for Bay Shine Management Company and another, proposed respondents.

OPINION OF THE COURT

CAROLYN E. DEMAREST, J.

In this proceeding to wind up the affairs of Lowbet Realty Corp. (Lowbet), petitioner Shau Chung Hu moves, by order to show cause, pursuant to Business Corporation Law § 1107, to amend his petition, seeking court supervision of the liquidation of respondent corporation upon its dissolution pursuant to Business Corporation Law § 1008, to include claims arising from the purportedly fraudulent sale of the...

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