Opinion · New York Court of Appeals
Process Plants Corp. v. Beneficial National Life Insurance
42 N.Y.2d 928
- Type
- Opinion
- Court
- New York Court of Appeals
- Jurisdiction
- New York
- Date
- 1977-06-30
- Topic
- estate-planning
How later courts describe this case
- collecting case law addressing the “defense sounding in equity to rescind, i.e., set aside an insurance contract for material misrepresentation”
- “So long as a misrepresentation is material, it is no defense to an action for rescission that the misrepresentation was innocently made.”
Citator
UpLaw has not yet analyzed Process Plants Corp. v. Beneficial National Life Insurance. The absence of a flag is not a finding that it is good law.
- Cited by
- 54 opinions
Concur: Chief Judge Breitel and Judges Jasen, Gabrielli, Jones, Wachtler, Fuchsberg and Cooke.