Plaintiffs, minority shareholders in 121 Varick Street Corp. (Varick), a commercial cooperative corporation, allege that defendant Moyal, as president of the board of directors, engaged in self-dealing and breached his fiduciary duties through a series of transactions where he, among other things, surreptitiously and without board approval obtained majority control of the cooperative, pressured the board of directors into approving
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IRENE DAVID REALTY, INC. v. MOYAL
16733, 110014/09
135 A.D.3d 599 (2016)
24 N.Y.S.3d 592
2016 NY Slip Op 00430
IRENE DAVID REALTY, INC., et al., Respondents, v. DAVID MOYAL et al., Appellants.
Appellate Division of the Supreme Court of New York, First Department.https://leagle.com/images/logo.png
Decided January 21, 2016.
Decided January 21, 2016.
Appellate Division of the Supreme Court of New York, First Department.
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