Legal Opinion · Dissent
Schwarz v. General Aniline & Film Corp.
Appellate Division of the Supreme Court of the State of New York
Decided April 22, 1952PublishedCited by 1 opinion
1DissentYan Yoorhis, J.
This appeal involves the important question whether an officer and director, who has been indicted under the Federal antitrust law jointly with his corporation and other directors, has been guilty of such personal misconduct as to prevent him from being indemnified by the corporation for his legal expenses in preparing to defend against the charge. This indictment was found in 1941; in 1950 petitioner and the other individual defendants were permitted by the United States District Court for the Southern District of New York to plead nolo contendere. Petitioner was fined $500, but he also…
2Cases cited14 opinions
- United States v. Aluminum Co. of AmericaCourt of Appeals for the Second Circuit · 1945
- Eastman Kodak Co. v. Southern Photo Materials Co.Supreme Court of the United States · 1927
- Schuylkill Fuel Corp. v. B. & C. Nieberg Realty Corp.New York Court of Appeals · 1929
- Messersmith v. . American Fidelity Co.New York Court of Appeals · 1921
- Stone v. FreemanNew York Court of Appeals · 1948
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3Cited by1 opinion
- Chevere v. City of New YorkNew York Supreme Court · 2010