Legal Opinion
Schupack v. Covelli
District Court, W.D. Pennsylvania
Decided September 30, 1980No. Civ. A. 80-66 EriePublishedCited by 10 opinions
1Opinion of the Court
OPINION AND ORDER
WEBER, Chief Judge.
This case arises out of a stock redemption agreement executed in May of 1977. At that time the Plaintiff, Rae Schupack, was a stockholder in 2170 East Lake Road, Inc., a firm which was exclusively licensed by McDonald’s Corporation to operate McDonald’s fast food restaurants in the Erie Pennsylvania area. Robert Orchard and Albert Covelli were the majority shareholders of 2170 East Lake Road, Inc. Under the terms of the stock redemption agreement, ten minority shareholders of 2170 East Lake Road, Inc., including the Plaintiff, agreed to sell their stock…
2Cases cited5 opinions
- Cohen v. Beneficial Industrial Loan Corp.Supreme Court of the United States · 1949
- Joseph B. KAUFFMAN Et Al. v. the DREYFUS FUND, INC., Et Al., Investors Diversified Services, Inc., Et Al., AppellantsCourt of Appeals for the Third Circuit · 1970
- Scott v. Multi-Amp CorporationDistrict Court, D. New Jersey · 1974
- Paul v. KennedySupreme Court of Pennsylvania · 1954
- Willcox v. Harriman Securities CorporationDistrict Court, S.D. New York · 1933
3Cited by10 opinions
- Lewis v. AndersonSupreme Court of Delaware · 1984
- Firestone v. WileyDistrict Court, E.D. Virginia · 2007
- Federal Deposit Ins. Corp. v. KerrDistrict Court, W.D. North Carolina · 1986
- Arnett v. Gerber Scientific, Inc.District Court, S.D. New York · 1983
- South End Improvement Group, Inc. ex rel. Bank of New York v. MullikenDistrict Court of Appeal of Florida · 1992
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