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Legal Opinion

Shvetz v. Industrial Rayon Corporation

District Court, S.D. New York

Decided April 27, 1960PublishedCited by 7 opinions

1Opinion of the Court

THOMAS F. MURPHY, District Judge.

Plaintiffs, minority stockholders of Industrial Rayon Corporation (Industrial), moved on April 26th for a temporary injunction that would prevent Industrial from proceeding with a special stockholders’ meeting scheduled for April 29, 1960, in Cleveland, for the purpose of considering and voting on a proposal to adopt a merger agreement with Texas Butadiene & Chemical Corporation (TB & C).

The complaint was filed on April 22, 1960, and is against Industrial and its board of directors, none of whom (except Industrial) has been served with process. Although we…

2Cases cited1 opinion

  1. Subin v. GoldsmithCourt of Appeals for the Second Circuit · 1955

3Cited by7 opinions

  1. Miller v. SteinbachDistrict Court, S.D. New York · 1967
  2. Steinberg v. CareyDistrict Court, S.D. New York · 1979
  3. Sherman v. PosnerDistrict Court, S.D. New York · 1966
  4. Walpert v. BartDistrict Court, D. Maryland · 1967
  5. McConnell v. LuchtDistrict Court, S.D. New York · 1970

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