Panel Affirms Buyout Option in Dispute Over Iced Tea Empire

, New York Law Journal

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In the latest development in a long-running legal battle between the two co-founders of AriZona Iced Tea, a state appeals court yesterday ruled that Domenick Vultaggio may unilaterally elect on behalf of the operating company to buy out his estranged partner John Ferolito, who is seeking to dissolve the entity.

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