—Order, Supreme Court, New York County (Carmen Beauchamp Ciparick, J.), entered May 21, 1992, which, inter alia, denied that portion of the individual defendants’ motion to dismiss that portion of plaintiffs first claim for relief brought individually by plaintiff Allison Publications, Inc. and brought derivatively by plaintiffs Bartlett, Fox and Waugh, unanimously affirmed, with costs.
There was no need for plaintiffs to bring their derivative claims by "securing] the initiation of such action” through demand upon the Rehabilitator of Mutual Benefit Life Insur
We have considered all other claims and find them to be without merit. Concur—Rosenberger, J. P., Wallach, Kupferman and Nardelli, JJ.