Legal Opinion
Smith v. Sperling
Supreme Court of the United States
Decided June 10, 1957No. 316PublishedCited by 486 opinions
1Opinion of the CourtJustice Douglas
This suit was filed in a Federal District Court in California by reason of diversity of citizenship. It is a stockholder’s derivative suit. The first cause of action, the only one involved here, is based on alleged fraudulent wastage of assets of Warner Bros. Pictures, Inc. (which we will call Warner Bros.) for the benefit of one Sperling, a son-in-law of a director of Warner Bros., and United States Pictures, Inc. (which we will call United), the son-in-law’s corporation. Extended allegations are made concerning various agreements between Warner Bros, and United which, it is charged, are…
2Cases cited20 opinions
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- Strawbridge v. CurtissSupreme Court of the United States · 1806
- Koster v. (American) Lumbermens Mutual Casualty Co.Supreme Court of the United States · 1947
- Hawes v. OaklandSupreme Court of the United States · 1882
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3Cited by486 opinions
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