Legal Opinion
Baker v. MacFadden Publications, Inc.
New York Court of Appeals
Decided March 2, 1950PublishedCited by 24 opinions
1Opinion of the Court
Loughran, Ch. J.
In the above-entitled action of Baker v. Boord, stockholders of Macfadden Publications, Inc., a domestic corporation, assert derivatively a cause of action on its behalf for claimed misapplication of its funds and waste of its property by past directors and officers and other defendants. Judgment for an accounting and for damages is demanded. Upon appro priate allegations, Maefadden Publications, Inc., has been joined as a nominal defendant. (See Brady v. Meenan, 204 App. Div. 390.) We shall refer to that defendant as the corporation.
Section 61-b of the General Corporation Law…
2Cases cited7 opinions
- Cohen v. Beneficial Industrial Loan Corp.Supreme Court of the United States · 1949
- Ladd v. . StevensonNew York Court of Appeals · 1889
- Bannon v. BannonNew York Court of Appeals · 1936
- Lapchak v. BakerNew York Court of Appeals · 1948
- Matter of Davids v. SillcoxNew York Court of Appeals · 1948
2 more not listed; retrieve them via the Exa API.
3Cited by24 opinions
- Fielding v. AllenCourt of Appeals for the Second Circuit · 1950
- Compaq Computer Corp. v. HortonSupreme Court of Delaware · 1993
- Schreiber v. Butte Copper & Zinc Co.District Court, S.D. New York · 1951
- Haberman v. TobinDistrict Court, S.D. New York · 1979
- Sivin v. SchwartzAppellate Division of the Supreme Court of the State of New York · 1964
19 more not listed; retrieve them via the Exa API.