Case Name: In the Matter of John P. Panos, Appellant, v. Magnum Rebuilders, Inc., et al., Respondents
Court: New York Supreme Court, Appellate Division
Jurisdiction: New York
Decision Date: 1993-04-14
Citations: 192 A.D.2d 1085
Docket Number: 
Parties: In the Matter of John P. Panos, Appellant, v Magnum Rebuilders, Inc., et al., Respondents.
Judges: 
Reporter: Appellate Division Reports
Volume: 192
Pages: 1085–1086

Head Matter:
In the Matter of John P. Panos, Appellant, v Magnum Rebuilders, Inc., et al., Respondents.
[598 NYS2d 754]

Opinion:
—Order unanimously affirmed without costs. Memorandum: In the circumstances of this case, Supreme Court did not abuse its discretion in allowing the late claim of respondent Gary R. Bobbett that was filed 12 days after the expiration date for filing a claim as contained- in the published notice of the receiver (see, Gardner v Fyr-Fyter Co., 47 AD2d 591, 592; see also, Business Corporation Law § 1007 [b]; § 1207 [a] [1] [C]). The court has the authority to permit the filing of a late claim "in the case of a creditor who shows satisfactory reason for his failure to file his claim as so provided" (Business Corporation Law § 1007 [b]). (Appeal from Order of Supreme Court, Onondaga County, Stone, J. — Corporate Dissolution.) Present— Green, J. P., Fallon, Boomer, Davis and Boehm, JJ.