Quimbee logo with url
From our private database of 14,900+ case briefs...

Gimpel v. Bolstein

New York Supreme Court
477 N.Y.S.2d 1014 (1984)


Robert Gimpel (Robert) (plaintiff) was an employee of and shareholder in the family-owned business Gimpel Farms, Inc. (Gimpel Farms). The shareholders each obtained their shares via bequest or gift. In 1974, Robert was fired for embezzling funds and was excluded from all further managerial decisions. Gimpel Farms had never paid dividends since its formation in 1931, and it continued that policy after Robert’s termination. The corporation’s other shareholders received significant compensation in the form of salary and benefits, but Robert received no shareholder benefits or compensation after his termination. Gimpel Farms also prohibited Robert from inspecting the corporation’s books and chose not to hold any shareholder meetings after he was terminated. Robert filed a petition to involuntarily dissolve Gimpel Farms.

Rule of Law


Holding and Reasoning (Lonschein, J.)

What to do next…

  1. Unlock this case brief with a free (no-commitment) trial membership of Quimbee.

    You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 97,000 law students since 2011. Some law schools—such as Yale, Vanderbilt, Berkeley, and the University of Illinois—even subscribe directly to Quimbee for all their law students. Read our student testimonials.

  2. Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.

    Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students. Read more about Quimbee.

Here's why 284,000 law students have relied on our case briefs:

  • Written by law professors and practitioners, not other law students. 14,900 briefs, keyed to 201 casebooks. Top-notch customer support.
  • The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
  • Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
  • Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.