Hewlett Park Co. v. 1193-1205 East Broadway of Hewlett, Inc.

This is an application by plaintiff for reargument of its motion for summary judgment, and upon reargument and reconsideration for a modification of the decision of the court granting partial summary judgment to a grant of summary judgment.

The general rule of damages for a violation of section 15 of the Stock Corporation Law is that a creditor may recover a sum of money which he would have received if no preferential payments had been made and if the corporation’s assets had been distributed to all its creditors in proportion to the respective amounts of their just claims. In the instant…