490 Ocean Associates v. Abrams

Appellate Division of the Supreme Court of New York

490 Ocean Associates v. Abrams

131 A.D.2d 351, 516 N.Y.S.2d 597, 1987 N.Y. App. Div. LEXIS 47833

CourtAppellate Division of the Supreme Court of the State of New York

DecidedJune 18, 1987

StatusPublished

This text of 131 A.D.2d 351 (490 Ocean Associates v. Abrams) is published on Counsel Stack Legal Research, covering Appellate Division of the Supreme Court of the State of New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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490 Ocean Associates v. Abrams, 131 A.D.2d 351, 516 N.Y.S.2d 597, 1987 N.Y. App. Div. LEXIS 47833 (N.Y. Ct. App. 1987).

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Opinion

Motion by the plaintiff-appellant for leave to appeal to the Court of Appeals granted.

This matter, which involves a policy memorandum of the Attorney-General, providing that "buy-out” offers may not be accepted during the red herring stage of a filing for a cooperative, raises questions with respect to the Martin Act, section 352-e of the General Business Law, the State Administrative Procedure Act and consistency with the determination in People v Cull (10 NY2d 123), and deserves consideration by the Court of Appeals. Concur—Kupferman, J. P., Ross, Carro, Rosenberger and Wallach, JJ.

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Motion by the plaintiff-appellant for leave to appeal to the Court of Appeals granted.

This matter, which involves a policy memorandum of the Attorney-General, providing that "buy-out” offers may not be accepted during the red herring stage of a filing for a cooperative, raises questions with respect to the Martin Act, section 352-e of the General Business Law, the State Administrative Procedure Act and consistency with the determination in People v Cull (10 NY2d 123), and deserves consideration by the Court of Appeals. Concur—Kupferman, J. P., Ross, Carro, Rosenberger and Wallach, JJ.

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Bluebook (online)

131 A.D.2d 351, 516 N.Y.S.2d 597, 1987 N.Y. App. Div. LEXIS 47833, Counsel Stack Legal Research, https://law.counselstack.com/opinion/490-ocean-associates-v-abrams-nyappdiv-1987.

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