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MATTER OF JORDAN v. ARVIN SIGNS, INC

Appellate Division of the Supreme Court of New York, Second Department.
Apr 11, 1994

Ordered that the order is affirmed, with costs.

The petitioner is not a "holder" of 20% or more of all outstanding shares of the corporation in question and, therefore, has no standing to seek dissolution pursuant to Business Corporation Law § 1104-a (cf., Matter of Gunzberg v Art-Lloyd Metal Prods. Corp., 112 A.D.2d 423; Business Corporation Law § 626 [a]). Sullivan, J.P., Joy, Hart and Krausman, JJ., concur.