Legal Opinion
NBT Bancorp Inc. v. Fleet/Norstar Financial Group, Inc.
New York Court of Appeals
Decided March 26, 1996PublishedCited by 277 opinions
1Opinion of the Court
OPINION OF THE COURT
Chief Judge Kaye.
This action by a disappointed suitor against its competitor centers on a contest between two financial institutions to acquire the same target bank. Plaintiffs (collectively NBT) and defendants (collectively Nor star) each sought a merger with Central National Bank. NBT ultimately entered into a merger agreement with Central, subject to approval of two thirds of the holders of Central’s common stock. When the agreement failed to garner shareholder approval, NBT filed suit against Norstar, alleging several varieties of tortious interference and seeking lost…
2Cases cited12 opinions
- Guard-Life Corp. v. S. Parker Hardware Manufacturing Corp.New York Court of Appeals · 1980
- Kronos, Inc. v. AVX Corp.New York Court of Appeals · 1993
- Israel v. Wood Dolson Co.New York Court of Appeals · 1956
- Foster v. ChurchillNew York Court of Appeals · 1996
- Lamb v. S. Cheney & SonNew York Court of Appeals · 1920
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3Cited by277 opinions
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- George Lombard and Lomar, Inc. v. Booz-Allen & Hamilton, Inc. ("Bah"), and W. Frank Jones, Individually and as an Employee of BahCourt of Appeals for the Second Circuit · 2002
- Rich v. Fox News Network, LLCCourt of Appeals for the Second Circuit · 2019
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