Legal Opinion

Cohen v. Beneficial Industrial Loan Corporation

District Court, D. New Jersey

Decided December 18, 1946No. Civ. 3033PublishedCited by 5 opinions

1Opinion of the Court

MEANEY, District Judge.

This action, a stockholder’s derivative suit, was instituted by Sol Cohen in 1943, as the holder of 100 shares of Common Stock which had been acquired by purchase in 1937, and seeks the appointment of a receiver and an accounting for funds and assets which it is alleged the individual defendants fraudulently diverted and appropriated to their own use.

David F. Cohen, as holder of 150 shares of the corporation's common stock, intervened as a party plaintiff. On February -14, 1946, by order of the court, Hannah Cohen, executrix of the estate of Sol Cohen, deceased, was…

2Cases cited10 opinions

  1. Bodell v. General Gas Electric CorporationSupreme Court of Delaware · 1927
  2. Bodell v. General Gas & Electric Corp.Court of Chancery of Delaware · 1926
  3. Arn v. Bradshaw Oil & Gas Co.Court of Appeals for the Fifth Circuit · 1937
  4. Battin Amusement Co. v. Cocalis Amusement Co.District Court, D. New Jersey · 1941
  5. Mebco Realty Holding Co. v. Warner Bros. Pictures, Inc.District Court, D. New Jersey · 1942

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3Cited by5 opinions

  1. Nelson v. Sierra Construction Corp.Nevada Supreme Court · 1961
  2. Dyer v. GallagherCourt of Appeals for the Sixth Circuit · 1953
  3. Stichman v. FischmanDistrict Court, S.D. New York · 1957
  4. Cohen v. Beneficial Industrial Loan Corp.District Court, D. Delaware · 1952
  5. Nelson v. Sierra Construction Corp.Nevada Supreme Court · 1961

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