Legal Opinion
Chokel v. Genzyme Corp.
Massachusetts Supreme Judicial Court
Decided June 4, 2007PublishedCited by 89 opinions
1Opinion of the CourtCordy, J.
Jeffrey D. Chokel owned shares of Genzyme Corporation’s biosurgery division tracking stock (biosurgery stock). On May 8, 2003, Genzyme announced the decision of its board of directors to exercise an exchange provision of Genzyme’s articles of organization (articles), thereby triggering an exchange of the company’s biosurgery stock for Genzyme general division stock. For purposes of the exchange, the fair market value and exchange ratio of the biosurgery stock were determined by a formula laid out in Genzyme’s articles. On May 27, 2003, Chokel filed a complaint on behalf of himself and all…
2Cases cited21 opinions
- Nader v. CitronMassachusetts Supreme Judicial Court · 1977
- Anthony's Pier Four, Inc. v. HBC ASSOCIATESMassachusetts Supreme Judicial Court · 1991
- Fortune v. National Cash Register Co.Massachusetts Supreme Judicial Court · 1977
- Demoulas v. Demoulas Super Markets, Inc.Massachusetts Supreme Judicial Court · 1997
- Ahmed v. DragovichCourt of Appeals for the Third Circuit · 2002
16 more not listed; retrieve them via the Exa API.
3Cited by89 opinions
- Eigerman v. Putnam Investments, Inc.Massachusetts Supreme Judicial Court · 2007
- Kolbe v. BAC Home Loans Servicing, LPCourt of Appeals for the First Circuit · 2012
- Balles v. Babcock Power Inc.Massachusetts Supreme Judicial Court · 2017
- Weiler v. PortfolioScope, Inc.Massachusetts Supreme Judicial Court · 2014
- FAMM Steel, Inc. v. Sovereign BankCourt of Appeals for the First Circuit · 2009
84 more not listed; retrieve them via the Exa API.