Legal Opinion
Viacom International Inc. v. Icahn
Court of Appeals for the Second Circuit
Decided October 9, 1991No. 1534, Docket 91-7174PublishedCited by 2 opinions
1Opinion of the Court
SNEED, Circuit Judge:
Plaintiff, Viacom International Inc. (Viacom), appeals from the district court’s grant of summary judgment dismissing the plaintiff’s case against defendants Carl Icahn (Icahn) and various corporations and entities controlled by Icahn. Viacom claims that Icahn committed extortion, in violation of the Hobbs Act, 18 U.S.C. § 1951 (1988), when Viacom was forced to repurchase Icahn’s Viacom stock at a price that was significantly higher than current per share price on the open exchange. The district court concluded that the repurchase of the stock, commonly known as…
2Cases cited11 opinions
- Dandridge v. WilliamsSupreme Court of the United States · 1970
- Grishelda Bryant v. John J. Maffucci, Dawn Thackeray, Yvonne Powell, Norwood Jackson and Dr. Edward AllanCourt of Appeals for the Second Circuit · 1991
- Colautti v. FranklinSupreme Court of the United States · 1979
- Smith v. Van GorkomSupreme Court of Delaware · 1985
- Burtnieks v. City of New YorkCourt of Appeals for the Second Circuit · 1983
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3Cited by2 opinions
- Merlite Industries, Inc., Plaintiff-Appellant-Cross-Appellee v. Valassis Inserts, Inc., Defendant-Appellee-Cross-AppellantCourt of Appeals for the Second Circuit · 1993
- Viacom International Inc. v. IcahnCourt of Appeals for the Second Circuit · 1991