Opinion
December 7, 1987
Appeal from the Supreme Court, Westchester County (Coppola, J.).
Ordered that the judgment is affirmed, with costs.
The petitioner, who owns 33 1/3% of the outstanding shares in a Delaware corporation, commenced a dissolution proceeding pursuant to Business Corporation Law § 1104-a (a) (1), based on illegal, fraudulent or oppressive actions by the directors and those in control of the corporation toward the petitioner, and Business Corporation Law § 1104-a (a) (2), for looting, wasting or diverting the corporation's assets for non-corporate purposes.
It is well settled that "a foreign corporation is controlled, as to its dissolution, by the laws of its domicile, and is not affected by laws which are intended to govern the dissolution of corporations created under local laws" (17A Fletcher's Cyclopedia, Corporations § 8579, at 516 [Perm ed]; see, Tosi v Pastene Co., 34 A.D.2d 520; Mook v Berger, 26 A.D.2d 925, lv granted 19 N.Y.2d 581). Mangano, J.P., Thompson, Lawrence and Eiber, JJ., concur.