Legal Opinion
Tidy-House Paper Corp. v. Adlman
Appellate Division of the Supreme Court of the State of New York
Decided December 10, 1957PublishedCited by 15 opinions
1Opinion of the CourtRabin, J.
This action was instituted in the name of the corporation by its president, Shulman, against defendant Adlman, its vice-president, to recover $14,100 alleged to have been wrongfully withdrawn by the latter from the corporation’s bank account. Shulman and Adlman each owns 50% of the stock of the corporation and control of the board of directors is equally divided between them.
The Special Term denied a motion to dismiss made by defendant who urges that Shulman, lacking approval of the board of directors, had no right to bring the action. Shulman bases his right to commence suit in the corporate…
2Cases cited3 opinions
- Sterling Industries, Inc. v. Ball Bearing Pen Corp.New York Court of Appeals · 1949
- In re the Arbitration between Paloma Frocks, Inc., & Shamokin Sportswear Corp.Appellate Division of the Supreme Court of the State of New York · 1956
- Rothman & Schneider, Inc. v. BeckermanAppellate Division of the Supreme Court of the State of New York · 1956
3Cited by15 opinions
- Abelow v. GrossmanAppellate Division of the Supreme Court of the State of New York · 1982
- Anmaco, Inc. v. BohlkenCalifornia Court of Appeal · 1993
- Ono v. ItoyamaDistrict Court, D. New Jersey · 1995
- L. W. Kent & Co. v. WolfAppellate Division of the Supreme Court of the State of New York · 1988
- Executive Leasing Co. v. LederAppellate Division of the Supreme Court of the State of New York · 1993
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