Fearful of releasing a “new tributary in the law,” the New York Court of Appeals ruled Thursday that New York’s “savings” statute does not allow a corporation to refile an action that was dismissed for naming the wrong plaintiff.

In separate rulings Thursday, the court also thwarted the state comptroller’s attempts to extend his pre- and post-audit oversight authority to the state Insurance Department’s Liquidation Bureau and held that counsel fees cannot be apportioned in permanent, partial workers’ compensation disability cases because future benefit payments are speculative.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]