REICH v. BANKERS LIFE AND CASUALTY COMPANY OF NEW YORK

Motion by defendants for leave to appeal denied, with $20 costs and necessary reproduction disbursements. The Court of Appeals restates the rule that denial of a motion for leave to appeal is not equivalent to an affirmance and has no precedential value (see, e.g., Matter of Marchant v Mead-Morrison Mfg. Co., 252 N.Y. 284, 297-298 [Cardozo, Ch. J.]; Matter of Calandra v Rothwax, 65 N.Y.2d 897).

Motion by plaintiffs for leave to appeal denied, with $20 costs and necessary reproduction disbursements.