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REICH v. MANHATTAN BOILER & EQUIP. CORP.

240 A.D.2d 262 (1997)

659 N.Y.S.2d 737

Louis S. Reich, as Assignee of John H. Thompson, Respondent, v. Manhattan Boiler & Equipment Corp., Appellant

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

June 17, 1997

The transaction in issue, made after trial and apportionment of liability, was correctly held to be sanctioned by Feldman v New York City Health & Hosps. Corp. (56 N.Y.2d 1011, revg 84 A.D.2d 166, for reasons set forth in 107 Misc.2d 145) as "an agreement in which a stranger to the litigation loaned the main defendant the amount necessary...

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