AULT v. SOUTTER


167 A.D.2d 38 (1991)

Bromwell Ault, Respondent-Appellant, v. John D. Soutter et al., Appellants-Respondents

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

May 16, 1991


Attorney(s) appearing for the Case

Lewis S. Sandler of counsel (Beigel & Sandler, attorneys), for respondent-appellant.

Elihu Inselbuch of counsel (Peter Van N. Lockwood and Jill R. Shellow with him on the brief; Caplin & Drysdale, attorneys), for appellants-respondents.

ELLERIN, WALLACH, KASSAL and SMITH, JJ., concur.


MILONAS, J. P.

This action concerns various transactions that were carried out by defendant John D. Soutter in connection with his position as one of the directors and chief executive officers of defendant Inverness Management Corporation, a Delaware company whose only office was in New York. It is undisputed that the instant matter is subject to Delaware law.

Inverness was in the business of providing...

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