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Daro Industries, Inc. v. RAS Enterprises, Inc.

Court of Appeals of the State of New York
Jul 6, 1978
44 N.Y.2d 969 (N.Y. 1978)

Opinion

Submitted June 5, 1978

Decided July 6, 1978

Appeal from the Appellate Division of the Supreme Court in the First Judicial Department, EDWARD J. GREENFIELD, J.

Herbert Monte Levy for appellants.

William L. Finger and Stephanie Graff Stavin for respondents.


MEMORANDUM.

The order of the Appellate Division should be affirmed, with costs, for the reasons stated in the memorandum at the Appellate Division. We would only add that the powers of a temporary receiver are limited to those enumerated in the appointing order. (CPLR 6401, subd [b].) Since the temporary receiver in this case was not expressly granted the power to sue for claims of the corporation arising before his appointment, that power is retained by the corporation.

Chief Judge BREITEL and Judges JASEN, GABRIELLI, JONES, WACHTLER, FUCHSBERG and COOKE concur.

Order affirmed, with costs, in a memorandum. Question certified answered in the affirmative.


Summaries of

Daro Industries, Inc. v. RAS Enterprises, Inc.

Court of Appeals of the State of New York
Jul 6, 1978
44 N.Y.2d 969 (N.Y. 1978)
Case details for

Daro Industries, Inc. v. RAS Enterprises, Inc.

Case Details

Full title:DARO INDUSTRIES, INC., et al., Respondents, v. RAS ENTERPRISES, INC., et…

Court:Court of Appeals of the State of New York

Date published: Jul 6, 1978

Citations

44 N.Y.2d 969 (N.Y. 1978)
408 N.Y.S.2d 329
380 N.E.2d 160

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