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MATTER OF TWIN BAY VILLAGE, INC.

523944.

153 A.D.3d 998 (2017)

60 N.Y.S.3d 560

2017 NY Slip Op 06024

In the Matter of the Dissolution of TWIN BAY VILLAGE, INC. VLADIMIR CHOMIAK et al., Respondents; TATIANA CHOMIAK KASIAN, Also Known as TANYA CHOMIAK KASIAN, et al., Appellants.

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

Decided August 3, 2017.

In 1957, the Chomiak family began operating Twin Bay Village, a seasonal summer resort on the shores of Lake George. In 1970, the family formed Twin Bay Village, Inc., a closely-held corporation, for the purpose of operating the resort. At its inception, 100 shares of corporate stock were issued, and those shares were split among Stephan...

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