Sally Lou Fashions Corp. v. Camhe-Marcille
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
—Order, Supreme Court, New York County (Jane Solomon, J.), entered March 8, 2002, which, upon defendants’ motion for clarification/reargument, directed plaintiffs by their trustee to turn over the trust fund containing certain life insurance proceeds in its entirety in exchange for stock certificates held by defendants, unanimously affirmed, with costs.
The court properly held that defendants were entitled to the interest that had accrued upon the insurance proceeds held by the trustee. Inasmuch as defendants’ right to the subject insurance proceeds has been established, so has their right to…
2Cases cited3 opinions
- Fleschner Bros. v. Consolidated Edison Co.Appellate Division of the Supreme Court of the State of New York · 1951
- Fleschner Bros. v. Consolidated Edison Co.New York Court of Appeals · 1952
- Lischak v. KotzerNew York Supreme Court · 1978