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HAENEL v. EPSTEIN

88 A.D.2d 652 (1982)

Beatrice Haenel, Individually and as Trustee Under The Wills of Jack Epstein and Another, Deceased, and as a Shareholder of Allmetal Screw Products Company, Inc., Suing on Behalf of Herself and All Other Shareholders Similarly Situated, and in the Right of Said Company, Appellant, v. Morris Epstein et al., Respondents

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

May 24, 1982

Appeal from the order dismissed (see Matter of Aho, 39 N.Y.2d 241, 248). Judgment modified, on the law, by deleting the provision that the individual defendants are entitled to indemnification and substituting therefor a provision that said defendants are entitled to seek advances from the corporation pursuant to subdivision (c) of section 724 of the Business Corporation Law. As so modified, judgment affirmed.

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