1. Home
  2. Browse Decisions
  3. N.Y.2d
  4. 41 N.Y.2d
  5. 41 N.Y.2d 982 (1977)
 

MATTER OF CONSOL. MUT. INS. CO. v. KEEPNEWS

41 N.Y.2d 982 (1977)

In the Matter of Consolidated Mutual Insurance Company, Appellant-Respondent, v. Lawrence W. Keepnews, as Superintendent of Insurance of the State of New York, Respondent-Appellant.

Court of Appeals of the State of New York.

Decided April 5, 1977.

Attorney(s) appearing for the Case

Robert J. Bertrand for appellant-respondent.

Louis J. Lefkowitz, Attorney-General (David L. Birch, Samuel A. Hirshowitz and Harold Tompkins of counsel), for respondent-appellant.

Chief Judge BREITEL and Judges GABRIELLI, JONES, WACHTLER, FUCHSBERG and COOKE concur in memorandum; Judge JASEN dissents and votes to modify in a separate opinion.

MEMORANDUM.

Judgment reversed, without costs, and the determination annulled.

The Insurance Law, in prohibiting a director of an insurer from receiving any compensation for negotiating or aiding in any "purchase or sale of property" made by the insurer, does not embrace the making of a lease by the insurer as lessor as the several applicable words are used, either in common parlance or in common legal usage.

...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases