We're Associates Co. v. Cohen, Stracher & Bloom, P. C.
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
OPINION OF THE COURT
Brown, J.
We are asked in this case to consider whether the shareholders of a professional service corporation, organized pursuant to the provisions of article 15 of the Business Corporation Law for the purpose of engaging in the practice of law, may be sued in their individual capacities for rents allegedly due under a lease executed solely in the name of the corporation by one of its members as an officer thereof. We respond in the negative and hold that the individual shareholders have no personal liability for the corporate obligations under the lease. Accordingly, we *131af…
2Cases cited10 opinions
- Morrissey v. CommissionerSupreme Court of the United States · 1935
- Port Chester Electrical Construction Corp. v. AtlasNew York Court of Appeals · 1976
- Billy v. Consolidated Machine Tool Corp.New York Court of Appeals · 1980
- Connell v. HaydenAppellate Division of the Supreme Court of the State of New York · 1981
- Rapid Transit Subway Construction Co. v. City of New YorkNew York Court of Appeals · 1932
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3Cited by18 opinions
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- Sucese v. KirschAppellate Division of the Supreme Court of the State of New York · 1993
- State Farm Mutual Automobile Insurance v. MallelaDistrict Court, E.D. New York · 2001
- Krouner v. KoplovitzAppellate Division of the Supreme Court of the State of New York · 1991
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