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MATTER OF LOWBET REALTY CORP.

22533/11

43 Misc.3d 587 (2014)

981 N.Y.S.2d 285

2014 NY Slip Op 24041

In the Matter of the Dissolution of LOWBET REALTY CORP. SHAU CHUNG HU, Individually and Derivatively on Behalf of LOWBET REALTY CORP., Petitioner, v. LOWBET REALTY CORP., et al., Respondents.

Supreme Court, Kings County.

Decided February 18, 2014.

Attorney(s) appearing for the Case

Friedman, Harfenist, Kraut & Perlstein, Lake Success ( Neil Torczyner , of counsel), for Bay Shine Management and another, respondents.

Butler, Fitzgerald, Fiveson & McCarthy, New York City ( David K Fiveson of counsel), for 973 44th Street Realty LLC, respondent.

Bressler, Amery & Ross, RC., New York City ( Kenneth M. Moltner of counsel), for petitioner.

OPINION OF THE COURT

CAROLYN E. DEMAREST, J.

Respondents Bay Shine Management Company (Bay Shine) and Ray Chen (Chen) move for an order, pursuant to CPLR 3211 (a) (7), dismissing the cross claims of respondent 973 44th Street Realty LLC (973 44th Street) as against Bay Shine and Chen.

973 44th Street's cross claims against Bay Shine and Chen for indemnification/contribution arise in this special proceeding commenced by petitioner Shau Chung Hu to...

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