Petitioners, executors of decedent's estate, filed a petition in Surrogate's Court seeking, inter alia, authorization to compromise claims filed against the estate by First American Bank, Lee Dyeing Company of North Carolina and Merrimac Leasing Corporation (hereinafter claimants) by payment of approximately $695,000. Objections were filed on behalf of respondents, Elizabeth N. Snedeker, Mary L. McGrath, Nancy M. Seagren and John F...
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