Legal Opinion
Equity Corp. v. Groves
New York Court of Appeals
Decided January 16, 1945PublishedCited by 31 opinions
1Opinion of the Court
Lehman, Ch. J.
In the first seventeen paragraphs of the amended complaint, plaintiff sets forth a series of alleged acts by the defendant which “ constituted part of a plan and scheme on his part to defraud Chain and General and to make large, illegal and secret profits by the improper and illegal Use of the money of said corporation and at the expense of said corporation, all in violation of his fiduciary duty to said corporation and its stockholders and in oppression of said corporation.” These acts, it is said, were carried out by domination and control of a majority of the directors of “…
2Cases cited5 opinions
- Beatty v. . Guggenheim Exploration Co.New York Court of Appeals · 1919
- New York Trust Co. v. American Realty Co.New York Court of Appeals · 1926
- Jno. Dunlop's Sons, Inc. v. SpurrNew York Court of Appeals · 1941
- Hastings v. Byllesby Co. (Haystone)New York Court of Appeals · 1944
- Harrison v. EganNew York Court of Appeals · 1936
3Cited by31 opinions
- Superintendent of Insurance for New York v. Ochs (In re First Central Financial Corp.)Court of Appeals for the Second Circuit · 2004
- In re the Accounting of the Marine Midland Trust Co.Appellate Division of the Supreme Court of the State of New York · 1971
- Tese-Milner v. TPAC, LLC (In Re Ticketplanet.com)United States Bankruptcy Court, S.D. New York · 2004
- Lillian N. Burg v. Max Horn and George Horn, and Darand Realty Corp.Court of Appeals for the Second Circuit · 1967
- Truncale v. Universal Pictures Co.District Court, S.D. New York · 1948
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