Legal Opinion
Newin Corp. v. Hartford Accident & Indemnity Co.
New York Court of Appeals
Decided June 16, 1975PublishedCited by 87 opinions
1Opinion of the CourtFuchsberg, J.
This action arises out of the infamous "salad oil swindle” of 1963, involving the collapse of the Allied Crude Vegetable Oil Refining Corporation, which had, among other effects, the bankruptcy of Ira Haupt & Co. (Haupt), a member firm of plaintiff New York Stock Exchange, Inc. (Stock Exchange).
The complaint alleges seven causes of action. The first two, which seek recovery on an excess bond, are not involved here. In the third' through seventh causes of action, which are the subject of this appeal, plaintiffs, the Stock Exchange and its wholly-owned subsidiary, Newin Corporation (Newin),…
2Cases cited18 opinions
- Schwartz v. Public AdministratorNew York Court of Appeals · 1969
- Crouse v. . McVickarNew York Court of Appeals · 1912
- Smith v. KirkpatrickNew York Court of Appeals · 1953
- Verplanck v. . Van BurenNew York Court of Appeals · 1879
- McClare v. Massachusetts Bonding & InsuranceNew York Court of Appeals · 1935
13 more not listed; retrieve them via the Exa API.
3Cited by87 opinions
- Barrett v. United StatesCourt of Appeals for the Second Circuit · 1986
- Owens v. HaasCourt of Appeals for the Second Circuit · 1979
- Owens v. HaasCourt of Appeals for the Second Circuit · 1979
- Key International Manufacturing, Inc. v. Morse/Diesel, Inc.Appellate Division of the Supreme Court of the State of New York · 1988
- Von Bulow Ex Rel. Auersperg v. Von BulowDistrict Court, S.D. New York · 1987
82 more not listed; retrieve them via the Exa API.