Legal Opinion
People v. Concord Fabrics, Inc.
New York Supreme Court
Decided June 11, 1975PublishedCited by 16 opinions
1Opinion of the CourtJacob Markowitz, J.
This is a motion by the State of New York for an injunction, pendente lite, seeking in effect to prevent the effectuating of a corporate merger. Defendant Concord Fabrics, Inc., a New York corporation, went "public” in 1968 with the sale of $4,500,000 worth of common stock. The following year, a second issue was offered to the public which brought in an additional $4,000,000. The book value of the publicly-offered shares varied at the time of the offerings between $6.75 and $7.15 a share. The market price declined from a high of $25 a share to about $1 a share at the end of 1974. Some time in…
2Cases cited6 opinions
- Kavanaugh v. . Kavanaugh Knitting Co.New York Court of Appeals · 1919
- People v. Federated Radio CorporationNew York Court of Appeals · 1926
- Blumenthal v. Roosevelt Hotel, Inc.New York Supreme Court · 1952
- Williams v. BartellAppellate Division of the Supreme Court of the State of New York · 1962
- People v. Royal Securities Corp.New York Supreme Court · 1955
1 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- Alpert v. 28 Williams Street Corp.New York Court of Appeals · 1984
- Fed. Sec. L. Rep. P 95,448 Arnold Marshel v. Afw Fabric Corp., Barry L. Swift v. Concord Fabrics Inc.Court of Appeals for the Second Circuit · 1976
- Tanzer Economic Associates, Inc. v. Universal Food Specialties, Inc.New York Supreme Court · 1976
- Gluck v. AgemianDistrict Court, S.D. New York · 1980
- Grace v. RosenstockDistrict Court, E.D. New York · 1998
11 more not listed; retrieve them via the Exa API.