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ARDEN v. FREYDBERG

9 N.Y.2d 393 (1961)

Merril P. Arden, Appellant, v. Richard Freydberg et al., Respondents, et al., Defendants.

Court of Appeals of the State of New York.

Decided March 30, 1961.

Attorney(s) appearing for the Case

Irvin Waldman for appellant.

Solomon A. Klein and Julius Helfand for respondents.

Chief Judge DESMOND and Judges FULD and VAN VOORHIS concur with Judge DYE; Judge BURKE dissents in an opinion in which Judges FROESSEL and FOSTER concur.

DYE, J.

In this action for money damages the plaintiff, a licensed insurance agent, seeks to hold the defendants Freydberg to an alleged implied promise to place "through and by" him policies of life insurance on their lives and the lives of other officers and stockholders of a complex of close corporations owned and controlled by them in furtherance of a comprehensive plan designed to insure continued control...

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