Legal Opinion

Fed. Sec. L. Rep. P 94,361 Louis v. Jackvony, Jr. v. Riht Financial Corporation, Etc., John R. Cioci v. Riht Financial Corporation, Etc.

Court of Appeals for the First Circuit

Decided March 30, 1989No. 88-1446, 88-1600PublishedCited by 78 opinions

1Opinion of the Court

BREYER, Circuit Judge.

In September 1982 the Rhode Island Hospital Trust Bank bought the Columbus National Bank by purchasing its shares. It agreed to give the Columbus shareholders their choice of $25 cash or $25 worth of Hospital Trust stock for each Columbus share (five Hospital Trust shares for six Columbus shares). In November 1983 the Bank of Boston entered into an agreement to acquire Hospital Trust; the final acquisition price was $73 per share. The appellant, Louis Jackvony, was a major Columbus shareholder. He sued Hospital Trust (and related entities) claiming that Hospital Trust…

2Cases cited21 opinions

  1. Basic Inc. v. LevinsonSupreme Court of the United States · 1988
  2. TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
  3. Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
  4. Blue Sky L. Rep. P 72,496, Fed. Sec. L. Rep. P 93,186 Thorburn Kennedy, Trustee v. Josephthal & Company, Inc., Edward M. Swartz and Fredric SwartzCourt of Appeals for the First Circuit · 1987
  5. Gilbert Roeder, Etc. v. Alpha Industries, Inc.Court of Appeals for the First Circuit · 1987

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3Cited by78 opinions

  1. In the Matter of John E. Mayer and Deborah Mayer, Debtors-Appellants v. Spanel International Ltd. And Bank One-Rockford, N.A., Creditors-AppelleesCourt of Appeals for the Seventh Circuit · 1995
  2. Anne Anderson v. Beatrice Foods Co.Court of Appeals for the First Circuit · 1990
  3. Glazer v. Formica Corp.Court of Appeals for the Second Circuit · 1992
  4. Hercules & Co. v. Shama Restaurant Corp.District of Columbia Court of Appeals · 1992
  5. Arnold R. Rissman v. Owen Randall Rissman and Robert Dunn GlickCourt of Appeals for the Seventh Circuit · 2000

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