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CC INDUSTRIES, INC. v. SEGAL

286 A.D.2d 234 (2001)

729 N.Y.S.2d 103

CC INDUSTRIES, INC., et al., Appellants, v. IRA J. SEGAL, Respondent.

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

Decided August 9, 2001.

Defendant Ira Segal was hired in 1986 by non-party Aberdeen Manufacturing Corporation, at that time a wholly owned division of plaintiff CHF Industries, Inc. (CHF), as its Director of Design. CHF, in turn, is a wholly owned subsidiary of plaintiff CC Industries, Inc. (CCI). Plaintiffs describe defendant's position as one of "trust and responsibility," and commenced the within action against Segal in November 1994, seeking to recover $764,575, which damages arise out of an...

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