Legal Opinion
Noel Associates, Inc. v. Merrill
New York Supreme Court
Decided November 30, 1944PublishedCited by 19 opinions
1Opinion of the CourtShientag, J.
In July, 1943, plaintiffs commenced this derivative stockholders’ action on behalf of Safeway Stores, Inc., which, as required by law, was joined as a party, defendant, (Flynn v. Brooklyn City R. R. Co., 158 N. Y. 493.)
On May 5, 1944, the defendant Safeway Stores made this motion for an order directing the plaintiffs to deposit security in the sum of $150,000 or in such other amount as this court shall determine. The motion was made pursuant to the provisions of section 61-b of the General Corporation Law (L. 1944, ch. 668, approved April 9,1944, which by its terms was to “ take effect…
2Cases cited18 opinions
- Ashwander v. Tennessee Valley AuthoritySupreme Court of the United States · 1936
- Jacobus v. . ColgateNew York Court of Appeals · 1916
- Matter of Berkovitz v. . Arbib HoulbergNew York Court of Appeals · 1921
- Brinckerhoff v. . BostwickNew York Court of Appeals · 1882
- Lewellyn v. FrickSupreme Court of the United States · 1925
13 more not listed; retrieve them via the Exa API.
3Cited by19 opinions
- Smith v. SperlingDistrict Court, S.D. California · 1953
- Haberman v. TobinCourt of Appeals for the Second Circuit · 1980
- Fuller v. American MacHine & Foundry Co.District Court, S.D. New York · 1951
- Perry v. Shahmoon Industries, Inc.New York Supreme Court · 1958
- In re JoslynNew York Supreme Court · 1948
14 more not listed; retrieve them via the Exa API.