As viewers of the 2017 College Football National Championship well know, the fourth quarter is often when the real excitement happens. Based on the Justices’ recent opinions, the same could be said of the Appellate Division. Below are some of the 2016 fourth quarter highlights from the four Departments.
First Department
Inspection of Books and Records. In a decision of apparent first impression, the First Department held in Matter of Pokoik v. 575 Realties1 that shareholders’ common law right to inspect books and records extends to the books and records of the corporation’s wholly-owned subsidiaries.