Legal Opinion
Waltuch v. Conticommodity Services, Inc.
District Court, S.D. New York
Decided September 17, 1993No. 92 Civ. 0383(MEL)PublishedCited by 5 opinions
1Opinion of the Court
LASKER, District Judge.
Norton Waltuch brings this action for indemnification of $2,346,586.67 in legal expenses and related cost against his former employer, ContiCommodity Services, Inc. (“Conti”) and its parent corporation, Continental Grain Company (“Conti Grain”). All these costs arose out of litigation in connection with Waltuch’s activities in the silver market as an employee of Conti in 1979-80. Waltuch’s indemnity claims are based on provisions of Conti’s Certificate of Incorporation and by-laws as well as Delaware General Corporation Law.
After the last of the underlying actions had…
2Cases cited21 opinions
- Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
- Aronson v. LewisSupreme Court of Delaware · 1984
- James O. Quarles v. General Motors Corporation (Motors Holding Division)Court of Appeals for the Second Circuit · 1985
- Zapata Corp. v. MaldonadoSupreme Court of Delaware · 1981
- Sinclair Oil Corporation v. LevienSupreme Court of Delaware · 1971
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3Cited by5 opinions
- Norton D. Waltuch v. Conticommodity Services, Inc. And Continental Grain Co.Court of Appeals for the Second Circuit · 1996
- Morse/Diesel, Inc. v. Trinity Industries, Inc.District Court, S.D. New York · 1994
- Town of New Windsor v. Tesa Tuck, Inc.District Court, S.D. New York · 1996
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