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Pinnacle Consultants, Ltd. Ex Rel. Shareholders of Leucadia National Corp. v. Leucadia National Corp.
See, e.g., Diamond v. Davis, 38 N.Y.S.2d 103 , 113 (Sup.Ct.) (holding that a bonus or option may be granted to a valued corporate officer "as an incentive to retain his services, sharpen his interest, intensify his zeal, spur him on to more ardent effort in the interest and for the benefit of the company, and to enable him thereby to share in the resulting success of the enterprise"), aff'd, 265 A.D. 919 , 39 N.Y.S.2d 412 (1942), aff'd, 292 N.Y. 552 , 54 N.E.2d 683 (1944); see also Diamond v. Davis, 62 N.Y.S.2d 181 , 189 (Sup.Ct.1945) (“If after full, free and frank disclosure the bonus plan…
Retrieving the full opinion text from the archive…
Gustave Ganzhorn
v.
Manufacturers' Casualty Insurance Company
v.
Manufacturers' Casualty Insurance Company
Appellate Division of the Supreme Court of the State of New York.
Dec 11, 1942.
Published
Present — Martin, P. J., Townley, Glennon, Cohn and Callahan, JJ.