Legal Opinion

Brody v. Chemical Bank

District Court, S.D. New York

Decided December 5, 1974No. 71 Civ. 2639PublishedCited by 6 opinions

1Opinion of the Court

OPINION

GAGLIARDI, District Judge.

On remand from the Court of Appeals, defendants move to dismiss the second amended complaint upon the ground that it fails to comply with the requirements of Rule 23.1, Fed.R.Civ.P.

Plaintiff commenced this action on June 14, 1971 both derivatively, on behalf of the Pennsylvania Company (“Pennco”), and representatively, on behalf of herself and all similarly situated shareholders of Pennco, to invalidate a $50,000,000 loan by Pennco to Penn Central Transportation Company (“Railroad”) and loans in a like amount by defendant banks to Pennco. The defendant banks…

2Cases cited3 opinions

  1. Hawes v. OaklandSupreme Court of the United States · 1882
  2. In Re Kauffman Mutual Fund Actions. Joseph B. KauffmanCourt of Appeals for the First Circuit · 1973
  3. Fed. Sec. L. Rep. P 94,345 Anita B. Brody v. Chemical Bank, and Pennsylvania CompanyCourt of Appeals for the Second Circuit · 1973

3Cited by6 opinions

  1. Lou v. BelzbergDistrict Court, S.D. New York · 1990
  2. Markowitz v. BrodyDistrict Court, S.D. New York · 1981
  3. Tarlov v. Paine Webber Cashfund, Inc.District Court, D. Connecticut · 1983
  4. Weiss v. Temporary Investment Fund, Inc.District Court, D. Delaware · 1981
  5. Boyko v. Reserve Fund, Inc.District Court, S.D. New York · 1975

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