Legal Opinion
Newin Corp. v. Hartford Accident & Indemnity Co.
New York Court of Appeals
Decided June 14, 1984PublishedCited by 28 opinions
APPEARANCES OF COUNSEL
1Opinion of the Court
OPINION OF THE COURT
Memorandum.
The order of the Appellate Division should be reversed, with costs, and the motion for partial summary judgment by defendants Hartford Accident & Indemnity Co. and the Insurance Company of North America denied.
This action arises out of the “Salad-oil Swindle” of 1963, which caused the collapse of Allied Crude Vegetable Oil Refining Corp., and forced Ira Haupt & Co., a member of *918the New York Stock Exchange, into liquidation as a result of fraudulent trading in salad oil. Plaintiffs, New York Stock Exchange, Inc., and its wholly owned subsidiary, Newin…
2Cases cited5 opinions
- Hartford Accident & Indemnity Co. v. WesolowskiNew York Court of Appeals · 1973
- Glick & Dolleck, Inc. v. Tri-Pac Export Corp.New York Court of Appeals · 1968
- Concoff v. Occidental Life InsuranceNew York Court of Appeals · 1958
- Continental Casualty Co. v. Equitable Life Assurance SocietyNew York Court of Appeals · 1981
- New York Dock Co. v. Ernest W. Brown, Inc.New York Court of Appeals · 1936
3Cited by28 opinions
- State v. Home Indemnity Co.New York Court of Appeals · 1985
- State Farm Fire & Casualty Co. v. LiMauroNew York Court of Appeals · 1985
- Carlson v. Am. Int'l Grp., Inc.Court for the Trial of Impeachments and Correction of Errors · 2017
- Hamburg v. American Ref-Fuel Co.Appellate Division of the Supreme Court of the State of New York · 2001
- Benincasa v. GarrubboAppellate Division of the Supreme Court of the State of New York · 1988
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