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Tag Archives: Judge David W. Lannetti

Alternate date to value corporate shares denied

Where defendant elected to buy plaintiff’s shares in a jointly owned company after plaintiff filed a dissolution action, the court denies defendant’s motion to set an alternate valuation date. The statutory valuation date, which is the day before plaintiff filed ...

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Corporate shares valuation includes commercial leases

Where the parties agreed to place their separate businesses into a jointly owned corporation, the parties’ business leases are corporate assets and must be included when valuing the corporation’s shares in this dissolution action. Overview Biton and Kreinis are equal ...

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No property interest in demolished house

Plaintiffs lack the necessary property interest to raise constitutional and inverse condemnation claims arising from the city-ordered demolition of a fire-damaged building in a historical district. Background In 2015, Sinesi bought the Grandy House, which was built in 1901 and ...

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