The New York Supreme Court, Appellate Division, Fourth District reversed an award of equitable relief by rescinding a stock redemption agreement in favor of a monetary award to plaintiffs consisting of the fair market value of their shares less any offset ...
Josephine M. Davenport, et al. v. Charles A. Martin, Jr., et al.
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Monetary Award Consisting of the Value of Stock More Appropriate Than Equitable Relief in Shareholder Matter
The New York Supreme Court, Appellate Division, 4th Department, reversed the lower court's decision rescinding a stock redemption agreement and directing Martin to restore the plaintiff's stock in a building and equipment company.