Legal Opinion
Seinfeld v. Allen
Court of Appeals for the Second Circuit
Decided February 27, 2006No. 05-2680PublishedCited by 4 opinions
1Opinion of the Court
SUMMARY ORDER
UPON DUE CONSIDERATION, IT IS HEREBY ORDERED, ADJUDGED, AND DECREED that the judgment of the district court, be and it hereby is AFFIRMED.
In this derivative action related to the events underlying the financial collapse of WorldCom, Inc. (“WorldCom”), the telecommunications company of which Bernard J. Ebbers was Chief Executive Officer, plaintiff-appellant Frank David Seinfeld, a one-time WorldCom stockholder, claims that WorldCom directors unlawfully authorized WorldCom to guarantee Ebbers’ personal debts to Bank of America (“BOA”), a course of action alleged to constitute a…
2Cases cited4 opinions
- Pepper v. LittonSupreme Court of the United States · 1939
- Susan A. Desiderio v. National Association of Securities Dealers, Inc.Court of Appeals for the Second Circuit · 1999
- Mitchell Excavators, Inc. v. MitchellCourt of Appeals for the Second Circuit · 1984
- In Re Dawnwood Properties/78Court of Appeals for the Second Circuit · 2000
3Cited by4 opinions
- In Re Copperfield Investments, LLCUnited States Bankruptcy Court, E.D. New York · 2010
- In Re WorldCom, Inc.United States Bankruptcy Court, S.D. New York · 2006
- O'Neill v. NYU Langone HospitalsDistrict Court, E.D. New York · 2024
- Ortiz v. New York Medical Group, P.C.Appellate Division of the Supreme Court of the State of New York · 2008