Legal Opinion
Thompson v. Broadfoot
Court of Appeals for the Second Circuit
Decided January 28, 1948No. 132, Docket 20820PublishedCited by 6 opinions
1Opinion of the Court
FRANK, Circuit Judge.
A derivative action was brought by stockholders of The Aspinook Corporation against that corporation, its directors, officers, and others. The plaintiff stockholders own less than 5% or $50,000 in market value of the company’s stock. The company moved for an order requiring plaintiffs to furnish security pursuant to § 61-b of the New York General Corporation Act, Consol.Laws, c. 23. The district court made an order denying this motion, and, on reargument, adhered to its decision. When the company appealed, we dismissed the appeal on the ground that the order was not…
2Cases cited7 opinions
- Allen Calculators, Inc. v. National Cash Register Co.Supreme Court of the United States · 1944
- Cresta Blanca Wine Co. v. Eastern Wine CorporationCourt of Appeals for the Second Circuit · 1944
- United States v. RadiceCourt of Appeals for the Second Circuit · 1930
- Mullins v. De Soto Securities Co.Court of Appeals for the Fifth Circuit · 1943
- Sorensen v. United StatesCourt of Appeals for the Second Circuit · 1947
2 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Switzer Bros., Inc. v. LocklinCourt of Appeals for the Seventh Circuit · 1953
- Mayflower Development Corp. v. Town of DennisMassachusetts Appeals Court · 1981
- McQuade v. Compania De Vapores San Antonio, S. A.District Court, S.D. New York · 1955
- National MacHinery Company v. Waterbury Farrel Foundry and MacHine Company and Textron, Inc.Court of Appeals for the Second Circuit · 1961
- City of Henderson v. ToddCourt of Appeals of Kentucky (pre-1976) · 1958
1 more not listed; retrieve them via the Exa API.