Henry Hornstein, Suing on Behalf of Themselves and All Other Stockholders of Paramount Pictures, Inc., and on…

Summary

The New York Court of Appeals affirmed the lower courts' judgment that the payments made by Paramount Pictures' officers to labor union officials were extortion, not bribery under Penal Law §380, and therefore the officers are not liable for restitution. The court held that the officers acted in good faith and within the corporation's authority, shielding them from liability.