REECIE OF LONDON, LTD. v. HOLT


20 A.D.2d 631 (1964)

Reecie of London, Ltd., Appellant, v. Henry Holt et al., Doing Business under the Name of Thomson & McKinnon, Respondents

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

January 23, 1964


Order entered on May 7, 1963, granting defendants' motion to dismiss the complaint for failure to prosecute in an action against partners of a brokerage house for damages allegedly caused by misrepresentation in connection with disposing of, holding or acquiring securities, unanimously affirmed, with $20 costs and disbursements to defendants-respondents.

Whether or not delay in prosecution is unreasonable depends upon the nature of the case, the degree of merit in...

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