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O'DONNEL v. MARINE REPAIR SERVICES, INC.

No. 80 Civ. 4121(MEL).

530 F.Supp. 1199 (1982)

William O'DONNEL, Plaintiff-Counterdefendant, v. MARINE REPAIR SERVICES, INC., Defendant-Counterplaintiff, and Vincent Marino, Anthony Juliano and Samuel N. Greenspoon, Defendants.

United States District Court, S. D. New York.

January 21, 1982.

Attorney(s) appearing for the Case

Richard Bennett Cooper, P. C., New York City, for plaintiff-counterdefendant; Richard B. Cooper, Elizabeth M. Toll, New York City, of counsel.

Patterson, Belknap, Webb & Tyler, New York City, for defendants; Frederick T. Davis, Zachary W. Carter, Susan U. Douglass, New York City, of counsel.

LASKER, District Judge.

William O'Donnel, the owner of 35% of the shares of stock and a former director and officer of Marine Repair Services, Inc. ("MRS"), sues for dissolution of the corporation under New York Business Corporation Law § 1104(a) on the grounds that those in control of MRS are guilty of illegal, fraudulent or oppressive acts towards O'Donnel and that the assets of the corporation are being looted or wasted. O'Donnel also sues on the corporation...

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