Legal Opinion
Biondi v. Beekman Hill House Apartment Corp.
New York Court of Appeals
Decided April 11, 2000PublishedCited by 65 opinions
1Opinion of the Court
OPINION OF THE COURT
Ciparick, J.
This appeal brings up for review two issues: (1) whether public policy bars a cooperative apartment corporation from indemnifying one of its directors for punitive damages imposed on the director who, in violation of various civil rights laws, denies a proposed tenant’s sublease application on the basis of race and retaliates against a shareholder for opposing the denial; and (2) whether, under the same facts, Business Corporation Law § 721 bars indemnification where the underlying judgment establishes that the director acted in bad faith. We conclude that, in…
2Cases cited8 opinions
- Messersmith v. . American Fidelity Co.New York Court of Appeals · 1921
- Zurich Insurance v. Shearson Lehman Hutton, Inc.New York Court of Appeals · 1994
- Public Service Mutual Insurance v. GoldfarbNew York Court of Appeals · 1981
- Home Insurance v. American Home Products Corp.New York Court of Appeals · 1990
- Hartford Accident & Indemnity Co. v. Village of HempsteadNew York Court of Appeals · 1979
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3Cited by65 opinions
- Fairfield Insurance Co. v. Stephens Martin Paving, LPTexas Supreme Court · 2008
- Bansbach v. ZinnNew York Court of Appeals · 2003
- Acquista v. New York Life InsuranceAppellate Division of the Supreme Court of the State of New York · 2001
- Facebook, Inc. v. DLA Piper LLP (US)Appellate Division of the Supreme Court of the State of New York · 2015
- Ark Bryant Park Corp. v. Bryant Park Restoration Corp.Appellate Division of the Supreme Court of the State of New York · 2001
60 more not listed; retrieve them via the Exa API.