Legal Opinion
Levy v. Pacific Eastern Corp.
New York Supreme Court
Decided February 28, 1935PublishedCited by 11 opinions
1Opinion of the CourtHofstadter, J.
On August 23, 1933, a derivative action was commenced in this court by the plaintiffs in their representative capacity as stockholders of Pacific Eastern Corporation. Two days later a similar action was instituted in Delaware by another minority stockholder. Both suits assert an identical cause of action on behalf of the corporation. Charging fraud and collusion, they *656seek to enjoin the consummation of a proposed settlement of actions pending in which recovery is sought on behalf of the said Pacific Eastern Corporation of losses suffered by the said corporation, alleged to have been…
2Cases cited9 opinions
- Dresdner v. Goldman Sachs Trading Corp.Appellate Division of the Supreme Court of the State of New York · 1934
- Dolbeer v. . StoutNew York Court of Appeals · 1893
- Grant v. Greene Consolidated Copper Co.Appellate Division of the Supreme Court of the State of New York · 1915
- Grant v. . Greene Consolidated Copper CompanyNew York Court of Appeals · 1918
- Merritt-Chapman & Scott Corp. v. Mutual Benefit Life InsuranceAppellate Division of the Supreme Court of the State of New York · 1932
4 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Simmons v. Superior CourtCalifornia Court of Appeal · 1950
- Ferguson v. TabahCourt of Appeals for the Second Circuit · 1961
- Ferguson v. TabahCourt of Appeals for the Second Circuit · 1961
- Ratner v. Paramount Pictures, Inc.District Court, S.D. New York · 1942
- Brendle v. SmithDistrict Court, S.D. New York · 1942
6 more not listed; retrieve them via the Exa API.