FINNEGAN v. SELENGUT


2 A.D.2d 883 (1956)

Matthew J. Finnegan et al., Appellants, v. Manuel Selengut et al., Respondents

Appellate Division of the Supreme Court of the State of New York, First Department.

November 13, 1956


Upon the trial of this action for a judgment declaring the rights of stockholders and directors of this New Jersey corporation, it was disclosed that a proceeding was pending in the New Jersey courts in which the issues involved in this case would necessarily have to be decided. Under the circumstances, the discretionary remedy of declaratory judgment should be withheld and the judgment appealed from unanimously modified so as to provide for the dismissal of the defendants...

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