Legal Opinion

Galdi v. Jones

Court of Appeals for the Second Circuit

Decided April 4, 1944No. 269PublishedCited by 35 opinions

1Opinion of the Court

FRANK, Circuit Judge.

1. Smythe was not an indispensable party. If such a suit as this had been brought prior to the dissolution vote, it surely would not have been necessary to join him as a director in order to enable the court to grant complete relief. Sections 3470-3475 of the Connecticut statutes do not so substantially add to the powers of the directors as to call for a different result. To be sure, those statutory provisions gave the directors power, on behalf of the corporation, to sell the corporate assets without the consent of the stockholders. But before the dissolution vote, the…

2Cases cited31 opinions

  1. Ashwander v. Tennessee Valley AuthoritySupreme Court of the United States · 1936
  2. Carter v. Carter Coal Co.Supreme Court of the United States · 1936
  3. Case v. Los Angeles Lumber Products Co.Supreme Court of the United States · 1939
  4. Waterman v. Canal-Louisiana Bank & Trust Co.Supreme Court of the United States · 1909
  5. Pusey & Jones Co. v. HanssenSupreme Court of the United States · 1923

26 more not listed; retrieve them via the Exa API.

3Cited by35 opinions

  1. Joseph B. KAUFFMAN Et Al. v. the DREYFUS FUND, INC., Et Al., Investors Diversified Services, Inc., Et Al., AppellantsCourt of Appeals for the Third Circuit · 1970
  2. Quabaug Rubber Company v. Fabiano Shoe Co., Inc.Court of Appeals for the First Circuit · 1977
  3. York v. Guaranty Trust Co. of New YorkCourt of Appeals for the Second Circuit · 1944
  4. Goldstein v. GroesbeckCourt of Appeals for the Second Circuit · 1944
  5. Phelan v. Middle States Oil CorporationCourt of Appeals for the Second Circuit · 1946

30 more not listed; retrieve them via the Exa API.

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API