New York Appellate Division Affirms Trial Court’s Rejection of Claims by Disgruntled Shareholder

Sean M. Lipsky successfully argued before a five judge panel of the Appellate Division of the Supreme Court of the State of New York, First Department. The case involved a complex shareholder dispute involving a North Carolina dying and finishing company. Sean M. Lipsky successfully tried the matter before the Hon. Herman Cahn, J.S.C., New York Supreme Court, New York County, Commercial Division. The Appellate Division, in a published decision, affirmed the trial court’s determination and held that the defendants acted in the best interest of the company at all times.