Kaminsky v. Abrams
New York Supreme Court
1Opinion of the CourtArthur G. Klein, J.
In a stockholders’ derivative suit, the first cause of action of which is based on waste of corporate assets by virtue of the improper payment, pursuant to a resolution of the board of directors of Emerson Radio and Phonograph Company, to the wife of a deceased director, of the sum of $10,000 per year for a period of 10 years or for the rest of her life, whichever be shorter, the plaintiff has moved for summary judgment. One of the defendants has cross-moved for summary judgment dismissing the complaint against him on the ground that he was not a director at the time of the adoption of the…
2Cases cited8 opinions
- Stevenson v. News Syndicate Co.New York Court of Appeals · 1950
- In Re the Estate of MalloyNew York Court of Appeals · 1938
- Gerdes v. ReynoldsNew York Court of Appeals · 1939
- In Re the Objections to the Certificates of Nomination of HennessyNew York Court of Appeals · 1900
- Barnes v. BadgerNew York Supreme Court · 1857
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3Cited by6 opinions
- Nifty Foods Corporation v. The Great Atlantic & Pacific Tea Company, Inc. And Pet IncorporatedCourt of Appeals for the Second Circuit · 1980
- Brockport Developers, Inc. v. 47 Ely Corp.New York Supreme Court · 1975
- New York State Higher Education Services Corp. v. Naramore (In Re Naramore)District Court, N.D. New York · 1980
- Gracie Tower Realty Associates v. Danos Floral Co.Civil Court of the City of New York · 1989
- 30 Carmine LLC v. DepierroCivil Court of the City of New York · 2005
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