Abrams v. Donati

New York Court of Appeals · Decided 1985-12-17

Cited by 178 later decision(s) in our corpus · see the citation network in Lexace

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*953 OPINION OF THE COURT Memorandum. 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 solven…

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