Daro Industries, Inc. v. RAS Enterprises, Inc.
New York Court of Appeals
Daro Industries, Inc. v. RAS Enterprises, Inc., 44 N.Y.2d 969 (N.Y. 1978)
44 N.Y. 969; 380 N.E.2d 160; 408 N.Y.S.2d 329; 1978 N.Y. LEXIS 2157
Breitel and Judges Jasen, Gabrielli, Jones, Wachtler, Fuchsberg and Cooke Concur
Daro Industries, Inc. v. RAS Enterprises, Inc.
Opinion
OPINION OF THE COURT
Memorandum.
The order of the Appellate Division should be affirmed, with costs, for the reasons stated in the memorandum at the Appellate Division. We would only add that the powers of a temporary receiver are limited to those enumerated in the appointing order. (CPLR 6401, subd [b].) Since the temporary receiver in this case was not expressly granted the power to *971 sue for claims of the corporation arising before his appointment, that power is retained by the corporation.
Chief Judge Breitel and Judges Jasen, Gabrielli, Jones, Wachtler, Fuchsberg and Cooke concur.
Order affirmed, with costs, in a memorandum. Question certified answered in the affirmative.
Reference
- Full Case Name
- Daro Industries, Inc., Et Al., Respondents, v. RAS Enterprises, Inc., Et Al., Appellants
- Cited By
- 13 cases
- Status
- Published