[Download] "Harry Abrams v. Enrico Donati" by Court of Appeals of New York # Book PDF Kindle ePub Free
eBook details
- Title: Harry Abrams v. Enrico Donati
- Author : Court of Appeals of New York
- Release Date : January 17, 1985
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 54 KB
Description
The judgment appealed and the order of the Appellate Division brought up for review should be affirmed, with costs.For a wrong against a corporation a shareholder has no individual cause of action, though he loses the value of his investment
or incurs personal liability in an effort to maintain the solvency of the corporation (Citibank v Plapinger, 66 N.Y.2d 90, 93, n; General Motors Acceptance Corp. v Kalkstein, 101 A.D.2d 102, appeal dismissed 63 N.Y.2d 676; Fifty States Mgt. Corp. v Niagara Permanent Sav. & Loan Assn. 58 A.D.2d 177).
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