Zuckerman v Goldstein
2010 NY Slip Op 01689 [71 AD3d 407]
March 2, 2010
Appellate Division, First Department
Published by New York State Law Reporting Bureau pursuant to Judiciary Law § 431.
As corrected through Wednesday, April 28, 2010


Myron Zuckerman, Appellant,
v
Sydell Goldstein et al., Respondents.

[*1] McElroy, Deutsch, Mulvaney & Carpenter, LLP, New York (I. Michael Bayda of counsel), for appellant.

Lance A. Landers, New York, for respondents.

Order, Supreme Court, New York County (Carol R. Edmead, J.), entered October 27, 2009, which granted defendants' motion for summary judgment dismissing plaintiff's claim for punitive damages, unanimously affirmed, without costs.

In connection with a pending action for dissolution of defendant Sam-Fay Realty Corp., in which waste and diversion of corporate assets were alleged against plaintiff, defendants, the remaining shareholders, withheld from plaintiff, but not from themselves, a cash distribution from the sale of assets, pending the court's direction. Even accepting the ill will plaintiff imputes to them, defendants' conduct does not meet "the very high threshold of moral culpability" necessary to allow punitive damages, such as "a wanton or reckless disregard of plaintiff's rights" (Giblin v Murphy, 73 NY2d 769, 772 [1988] [internal quotation marks and citation omitted]). Concur—Gonzalez, P.J., Saxe, McGuire, Acosta and Abdus-Salaam, JJ. [Prior Case History: 2009 NY Slip Op 32239(U).]