WATERMAN CORP. v. JOHNSTON


283 A.D. 768 (1954)

Waterman Corporation et al., Plaintiffs, v. James M. Johnston et al., Defendants; Doeskin Products, Inc., Appellant-Respondent; Delson, Levin & Gordon et al., Respondents-Appellants; Morris J. Levy, Appellant, and Robert C. Barab et al., Respondents

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

March 2, 1954.


A substantial part of the services for which petitioners seek to be compensated was duplicative, unnecessary and productive of no ultimate benefit to the corporation. Upon consideration, among other factors, of the nature and extent of the services rendered by each petitioner, and the results achieved, and upon taking cognizance of the value of the cash payments, the shares of stock of Doeskin Products, Inc., and the certificates of indebtedness of National Insurance Company...

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