Legal Opinion

Laird v. Clearfield & Mahoning Railway Co.

Supreme Court of Pennsylvania

Decided February 21, 2007No. 15 WAP 2005PublishedCited by 13 opinions

1Opinion of the Court

*324 OPINION

Justice EAKIN.

Appellants, the minority shareholders of the Clearfield & Mahoning Railroad (C & M), filed a complaint against C & M and its successors (appellees) advancing derivative claims for breach of contract, breach of fiduciary duties, tortious interference with contractual relations, and conspiracy to defraud. Appellee Buffalo, Rochester, & Pittsburgh Railway Company (BR & P) created and incorporated C & M in 1892. BR & P gave C & M ownership of 27.4 miles of railroad trackage, which C & M then leased back to BR & P under a lease agreement executed in 1893. The lease agreement…

2Cases cited8 opinions

  1. Lower Frederick Township v. ClemmerSupreme Court of Pennsylvania · 1988
  2. Commonwealth v. WestonSupreme Court of Pennsylvania · 2000
  3. Keystone Building Corp. v. Lincoln Savings and Loan Ass'nSupreme Court of Pennsylvania · 1976
  4. Bethlehem Steel Corp. v. Tri State Industries, Inc.Superior Court of Pennsylvania · 1981
  5. Coleman v. ColemanSupreme Court of Pennsylvania · 1987

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3Cited by13 opinions

  1. Halpern v. HalpernSuperior Court of Pennsylvania · 2007
  2. Prensky, M. v. Talaat, T.Superior Court of Pennsylvania · 2023
  3. Bayview Loan Servicing v. Ahiarah, S.Superior Court of Pennsylvania · 2018
  4. Beneficial Consumer v. Vukman, P.Superior Court of Pennsylvania · 2015
  5. City of Philadelphia v. JETLC Holdings LLCCommonwealth Court of Pennsylvania · 2023

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