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MUHL v. HADDON S. FRASER ASSOCS., LTD.

247 A.D.2d 224 (1998)

668 N.Y.S.2d 357

Edward J. Muhl, Appellant, v. Haddon S. Fraser Associates, Ltd., et al., Respondents

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

February 5, 1998

In this action by the liquidator to recover damages against, inter alia, the directors, officers and managing agent of an insolvent insurer for breach of fiduciary duty, negligence and waste, the trial court properly directed a verdict in defendants' favor (Curiale v Peat, Marwick, Mitchell & Co., 214 A.D.2d 16, 27) because of failures of proof as to the standard of care, deviation therefrom, damages and proximate cause...

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