William Capital Associates., Inc. v. Harrison

Judgment, Supreme Court, New York County (Walter Schackman, J., and a jury), entered May 24, 1996, awarding plaintiff the principal sum of $250,000 as against defendant Banque Arabe et Internationale D’Investissement (BAII) and dismissing plaintiff’s claim and BAII’s cross claim against defendants Clifton S. Harrison and Teitelbaum Partners, Ltd., unanimously affirmed, with costs.

BAII’s present argument that the court erred in its apparent authority charge, or, in the alternative, that there was insufficient evidence of its subsidiary’s executives’ apparent authority to bind it to any…