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Degen v. Lustbader

30 A.D.2d 803 Court N.Y. App. Div. Decision date 1968-07-16 English

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p. 803
George F. Degen, Appellant-Respondent, v. Edward E. Lustbader et al., Respondent-Appellant, et al., Defendants.

Ordered entered December 1, 1967, affirmed, without costs and without disbursements. Concur— Stevens, Eager, Capozzoli and Tilzer, JJ.; Botein, P. J., who, noting that plaintiff became a director of the insurance company, dissents and votes to reverse and dismiss the complaint on the ground that it is not within the intendment of subdivision 7 of section 48 of the Insurance Law that directors should be liable to one of their number.