Legal Opinion
Schwartz v. Kahn
New York Supreme Court
Decided September 29, 1944PublishedCited by 6 opinions
1Opinion of the CourtPeck, J.
This is an action by minority stockholders of Truscon Steel Company against Republic Steel Corporation and the directors of Truscon. Republic is the only defendant served, besides Truscon, and moves to dismiss, on varying grounds, the four causes of action contained in the amended complaint.
The first cause of action alleges that since October, 1935, Republic has owned more than 90% of the common and preferred stock of Truscon, and has designated and dominated Truscon’s directors; that in December, 1936, Republic held 41/2% debentures of Truscon maturing in 1961, but redeemable in whole or…
2Cases cited5 opinions
- Hawes v. OaklandSupreme Court of the United States · 1882
- Weinberger v. QuinnAppellate Division of the Supreme Court of the State of New York · 1942
- Weinberger v. QuinnNew York Court of Appeals · 1943
- Lissauer v. BertlesDistrict Court, S.D. New York · 1940
- Freund v. BehnAppellate Division of the Supreme Court of the State of New York · 1944
3Cited by6 opinions
- Sinclair Oil Corporation v. LevienSupreme Court of Delaware · 1971
- D'ANDREA v. PringleCalifornia Court of Appeal · 1966
- Swinton v. W. J. Bush & Co.New York Supreme Court · 1951
- Katz v. BrazNew York Supreme Court · 1946
- Wedtech Corp. v. Denlinger (In Re Wedtech Corp.)United States Bankruptcy Court, S.D. New York · 1990
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