AMICUS AI
Citation Codes
Equivalent Citations
citation codes
Are you a practicing lawyer?
Enhance your digital presence and reach by creating a Casemine profile.
Upload pleading to use the new AI search
Cites
Cited by
Citation Codes
Equivalent Citations
citation codes

FANNIE GOLDSTEIN, Appellant, v. GEORGE GOLDSMITH and Others, Respondents, Impleaded with Others, Defendants.

Order denying motion to strike out paragraph 8 of respondents' answer reversed on the law, with ten dollars costs and disbursements, and motion granted, with ten dollars costs. Directors who unlawfully have appropriated assets of a corporation are not entitled to share in the distribution of such assets recovered from themselves, on the ground that they too are creditors of the corporation. (See Irving Trust Co. v. Gunder, 234 App. Div. 252.) Hagarty, Carswell, Scudder and Davis, JJ., concur; Lazansky, P.J., concurs in result, making no present determination as to the right of the respondents to share in a distribution of the assets of the corporation.

Use AI to get other relevant cases.

Comments

GOLDSTEIN v. GOLDSMITH
(Mar 1, 1932)