Opinion

Iron v. Brown

  • 18 A.D.2d 996
  • 238 N.Y.S.2d 727
  • 1963 N.Y. App. Div. LEXIS 4078
Court
Appellate Division of the Supreme Court of the State of New York
Filed
Mar 26, 1963
Status
Published
Cited by
1 cases
Authority
More cited than 50.5%

The opinion

Order, entered on November 13, 1962, granting the motion of defendan-ts-respondents for an order to dismiss the first cause |of action of the second amended complaint, under rule 107 of the Rules of Civil Practice, on the ground that the cause of action had not accrued within the time limited by law for the commencement of *997 an action thereon, unanimously affirmed, with $20 costs and disbursements to defendants-respondents. The problem of characterizing properly a diversion of corporate opportunity under the applicable Statutes of Limitations, depending upon the remedies available, is not free from difficult problems, if considered as a novel question. It is not a novel question; this court, in Augstein v. Levey (3 A D 2d 595, 599-600, affd. 4 N Y 2d 791) had occasion to determine the question explicitly, albeit alternatively. Concur — Botein, P. J., Breitel, Stevens, Eager and Steuer, JJ. [ 37 Misc 2d 347 .]

This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.

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