Wollman v. Littman
New York Supreme Court, Appellate Division
316 N.Y.S.2d 526 (1970)
The close corporation at issue in this case is experiencing deadlock. Two competing factions, the Nierenbergs (plaintiffs) and the Littmans (defendants), each own 50 percent of the corporation’s stock and have equal representation on the board of directors. The Nierenbergs are also affiliated with the Louis Nierenberg Corporation (LNC), which is the main supplier for the corporation. The Littmans developed the corporation’s customer base. The Littmans sued the Nierenbergs, alleging that the Nierenbergs were undermining the corporation in various ways, most significantly by trying to lure the corporation’s customers to become customers of LNC instead. In response, the Nierenbergs filed this action. They point to the other lawsuit to argue that the factions are so at odds that corporate governance has become impossible. They seek the appointment of a receiver to oversee the dissolution of the corporation. The trial court found in the Nierenberg’s favor.
Rule of Law
Holding and Reasoning (Per curiam)
What to do next…
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.
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 170,000 law students have relied on our case briefs:
- Written by law professors and practitioners, not other law students. 13,800 briefs, keyed to 187 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.