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In the Matter of JOHN JORDAN, Appellant, v. ARVIN SIGNS, INC., Respondent.

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.

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MATTER OF JORDAN v. ARVIN SIGNS, INC
(Apr 11, 1994)