Legal Opinion
Penn Iron & Metal Co. v. Gross
Appellate Division of the Supreme Court of the State of New York
Decided April 14, 1993PublishedCited by 4 opinions
1Opinion of the Court
—Order unanimously modified on the law and as modified affirmed with costs to defendant Nicholas J. Redino in accordance with the following Memorandum: Supreme Court properly granted defendant Nicholas J. Redino’s motion for summary judgment dismissing the complaint. Plaintiffs seek to recover for the wrongful acts of, inter alia, INS Equipment Co., doing business as INS Scrap Processors (INS) in allegedly purchasing scrap iron, knowing that it was stolen. Redino is a minority shareholder, holding 25% of INS’ stock. Redino was not sued as a corporate officer or director, nor did the complaint…
2Cases cited4 opinions
- Mitchell v. Herald Co.Appellate Division of the Supreme Court of the State of New York · 1988
- Waterman v. Yamaha Motor Corp.Appellate Division of the Supreme Court of the State of New York · 1992
- Smullens v. MacVeanAppellate Division of the Supreme Court of the State of New York · 1992
- Ess v. State Farm Mutual Automobile InsuranceAppellate Division of the Supreme Court of the State of New York · 1993
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