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PALMER v. HERNANDEZ

2016-07060. Index No. 504115/14.

165 A.D.3d 1276 (2018)

84 N.Y.S.3d 807

2018 NY Slip Op 07318

David Palmer et al., Appellants, v. Kathryn Hernandez, as Majority Shareholder of Nickcora Bella Ltd., Respondent, et al., Defendant.

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

Decided October 31, 2018.

Ordered that the judgment is affirmed insofar as appealed from, without costs or disbursements.

The defendant Kathryn Hernandez formed NickCora Bella Ltd. (hereinafter the corporation). Thereafter, Hernandez entered into agreements with the plaintiffs Shamus King and David Palmer, on behalf of Palmer Systems Worldwide Trust (hereinafter Palmer Systems), for the transfer of shares of stock in the corporation to King and Palmer Systems, respectively. The plaintiffs...

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