Depperman v. Chenango Valley Pet Foods, Inc.
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
Order unanimously reversed on the law without costs, motion granted and complaint against defendants Litwin, Glinsky and Fingerman dismissed. Memorandum: The court should have granted the motion of the individual defendants for summary judgment dismissing the complaint against them. The basis for plaintiffs two causes of action against the individual defendants is Business Corporation Law § 630. Pursuant to that section, the 10 largest shareholders of defendant corporation are jointly and severally liable for all debts, wages or salaries due and owing to "any of its laborers, servants or…
2Cases cited1 opinion
- Bristor v. . SmithNew York Court of Appeals · 1899
3Cited by2 opinions
- Moses v. PolkAppellate Division of the Supreme Court of the State of New York · 1998
- Everett v. EverettAppellate Division of the Supreme Court of the State of New York · 2023