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MATTER OF MATTONE GROUP SPRINGNEX, LLC v. CFM DEV., LLC

2021-05590, Index No. 719775/20.

2024 NY Slip Op 01925

IN THE MATTER OF MATTONE GROUP SPRINGNEX, LLC, Respondent, v. CFM DEVELOPMENT, LLC, Appellant.

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

Decided April 10, 2024.

Attorney(s) appearing for the Case

Wilk Auslander LLP, New York, NY ( M. William Scherer of counsel), for appellant.

Farrell Fritz, P.C., New York, NY ( Peter A. Mahler and Franklin C. McRoberts of counsel), for respondent.

Before: Valerie Brathwaite Nelson, J.P., Joseph J. Maltese, William G. Ford, Carl J. Landicino, JJ.

DECISION & ORDER

In a proceeding, inter alia, pursuant to Limited Liability Company Law § 1005 and Business Corporation Law § 623 to determine the fair value of a former membership interest in the petitioner, Mattone Group Springnex, LLC, CFM Development, LLC, appeals from an order of the Supreme Court, Queens County (Leonard Livote, J.), entered June 29, 2021. The order, insofar as appealed from, denied that branch of the cross-motion of CFM Development...

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