Appellate Division, Second Department · October 7, 2026 · 2026 NY Slip Op 05819
RMX Foods, Inc. v Adelson
Read the official decision: 2026 NY Slip Op 05819
Holding The court affirmed the dismissal of the first and second causes of action, deeming them motions for declaratory judgment in favor of the defendants, because the stockholders agreement unambiguously permitted the Adelsons to retain their shares. The court also affirmed the dismissal of the third cause of action as time-barred under the statute of limitations for breach of contract.
The court’s words
the Adelsons remained valid shareholders of RMX Class A stock
2026 NY Slip Op 05819, at the official text
the third cause of action is time-barred
2026 NY Slip Op 05819, at the official text
unambiguous provisions . . . must be given their plain and ordinary meaning
2026 NY Slip Op 05819, at the official text
| Court | Appellate Division, Second Department |
|---|---|
| Decided | October 7, 2026 |
| Citation | 2026 NY Slip Op 05819 |
| Area of law | Corporate, Securities and Business |
| Week | Week ending October 10, 2026 |
| Official text | Official decision: 2026 NY Slip Op 05819 |
| Publication status | Slip opinions are uncorrected and subject to revision before publication in the Official Reports. |
| Source feed | New York slip opinion page |
| Law Watch record id | 1042 |
Recommended citation
ESQ HQ, New York Law Watch, RMX Foods, Inc. v Adelson, 2026 NY Slip Op 05819 (Appellate Division, Second Department, October 7, 2026), https://esqhq.com/decisions/2026-ny-slip-op-05819/
How this record was made
Holding drafted by Law Watch’s in-house model, graded by three reviewers; every quotation verified word for word against the official text.
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