Contracts · MBE-tested
In the Matter of the Voluntary Dissolution of Benettsol Corporation, Reyfor Realty Corp., Marclyn Realty Corp. and Lewart Realty Corp. Benjamin Forman, Appellant; Etta Sloyer and Sol Forman, Respondents
264 A.D. 897·New York Supreme Court, Appellate Division·1942·NY
Brief incoming
Hand-reviewed Bluebook brief (procedural posture, facts, issue, holding, reasoning, dissent) ships once the AI generation pipeline runs through this case. Join the waitlist to get notified when 1L briefs go live.
Opinion
In the Matter of the Voluntary Dissolution of Benettsol Corporation, Reyfor Realty Corp., Marclyn Realty Corp. and Lewart Realty Corp. Benjamin Forman, Appellant; Etta Sloyer and Sol Forman, Respondents.
[MAJORITY]
In a proceeding under section 106 of the Stock Corporation Law, order directing a hearing with respect to the matters alleged in the petition, and order directing the sale of certain real property, affirmed, with fifty dollars costs and disbursements. In addition to the findings upon which the last-mentioned order was made, this court finds that the mortgages were given without adequate consideration, for purposes of expediency, and without the intention that they should become valid liens upon the real estate. Lazansky, P. J., Hagarty, Carswell, Johnston and Adel, JJ., concur.