Majority
Order and judgment unanimously affirmed, with $50 costs and disbursements to the respondents. We do riot find it necessary to reach the question whether or not’ a life insurance company has an independent action against a third party to recover damages for fraud which induces the issuance of a life policy and whether such cause of action would survive the period covered by section 155 (subd. 1, par. [b]) of the Insurance Law. Incidentally,- it is also to be noted that, as á general rule, in an action upon a partnership debt, a claim of a defendant against an individual partner may not be utilized as a setoff against the debt. (See 39 ALR 2d 295 ; Ruzicka v. Rager, 305 N. Y. 191 , mot. for rearg. den. 305 N. Y. 798 ; Spofford v. Rowan,
Cases cited
- Ruzicka v. Rager 305 N. Y. 191 p. 682
- Spofford v. Rowan 124 N. Y. 108 p. 683
- Harrison v. Vanderbilt 9 N. Y. St. Rep. 810 p. 683
- Ravold v. Fred Beers, Inc. 151 Misc. 628 p. 683
- Ladue v. Hart 4 Wend. 583 p. 683
- Dob & Dob v. Halsey 16 Johns. 34 p. 683