Abrahams v. Rand
Appellate Division of the Supreme Court of the State of New York
1Opinion of the CourtCallahan, J.
TMs is a stockholder’s derivative action on behalf of the defendant Remington Rand, Inc. The individual defendants are alleged to have participated or acquiesced in wasteful acts to the detriment of the corporation through the instrumentality of the defendant Leeford Advertising Agency, Inc.
The plaintiff has obtained a direction for examination of the Remington and Leeford corporations before trial, with discovery and inspection of books and records.
We think that the pretrial examination of the Remington corporation and discovery were improperly granted. The answer of this defendant raised no…
2Cases cited1 opinion
- Mencher v. RichardsNew York Court of Appeals · 1940
3Cited by2 opinions
- Van Aalten v. MackAppellate Division of the Supreme Court of the State of New York · 1959
- Lewis v. RiklisAppellate Division of the Supreme Court of the State of New York · 1981