Legal Opinion
Salomon Bros. v. West Virginia State Board of Investments
New York Supreme Court
Decided April 24, 1990PublishedCited by 3 opinions
1Opinion of the Court
OPINION OF THE COURT
Harold Baer, Jr., J.
Plaintiffs, five prominent dealers in United States Government securities, brought this action seeking a declaratory judgment of nonliability to defendants on any cause of action within this court’s jurisdiction. Defendants now move to dismiss the action for failure to state a claim and on the basis of forum non conveniens. Since this matter was begun, two plaintiffs have settled, leaving Salomon Brothers, Inc., Morgan Stanley & Co., Inc. and Goldman, Sachs & Co. to carry on the fight. A related action is pending in the United States District Court for…
2Cases cited22 opinions
- Patton v. YountSupreme Court of the United States · 1984
- James v. Alderton Dock Yards, Ltd.New York Court of Appeals · 1931
- Banco Ambrosiano v. Artoc Bank & Trust Ltd.New York Court of Appeals · 1984
- Ehrlich-Bober & Co. v. University of HoustonNew York Court of Appeals · 1980
- New York Foreign Trade Zone Operators, Inc. v. State Liquor AuthorityNew York Court of Appeals · 1941
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3Cited by3 opinions
- Mammoth Medical, Inc. v. BunnellKentucky Supreme Court · 2008
- Babcock & Wilcox Co. v. Control Components, Inc.New York Supreme Court · 1993
- Mammoth Medical, Inc. v. BunnellKentucky Supreme Court · 2008