This section contains the nature of the case and procedural background.

The dispute is between Jacob Schachter (D) and Herbert Kulik (P). The founders of Ketek Electric Corp. Schachter and Kulik each own 50% of the corporation's shares as the corporation's only officers. The Appellate Division of a prior appeal found Schachter liable for diverting assets and opportunities to Hoteltron Systems, Inc., a corporation wholly owned by D. Following the trial on damages, the Court concluded that Hoteltron had earned profits of $362,242,84 from D's usurpation of Ketek assets and opportunities. The Court ordered that the entire award, after payment of attorneys' fees, should be paid to Kulik.

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