Legal Opinion
Blatt v. Dean Witter Reynolds Intercapital, Inc.
District Court, S.D. New York
Decided January 7, 1982No. 79 Civ. 5489 (MEL)PublishedCited by 6 opinions
1Opinion of the Court
LASKER, District Judge.
This is an action by shareholders of Inter-Capital Liquid Asset Fund Inc. (the “Fund”) to recover for the Fund allegedly excessive advisory fees paid to Dean Witter Reynolds InterCapital Inc. (“the Adviser”). The suit is brought under the Investment Company Act of 1940, as amended, 15 U.S.C. § 80a-1 et seq. (the “Act”).
Defendants move pursuant to Fed.R.Civ.Pr. 12(c) to dismiss the complaint on the ground that plaintiffs have failed to make a demand on the directors of the Fund or to plead justification for failing to do so. Defendants contend that Fed.R.Civ.Pr. 23.1…
2Cases cited7 opinions
- Burks v. LaskerSupreme Court of the United States · 1979
- Fogel v. ChestnuttCourt of Appeals for the Second Circuit · 1981
- Markowitz v. BrodyDistrict Court, S.D. New York · 1981
- Weiss v. Temporary Investment Fund, Inc.District Court, D. Delaware · 1981
- Grossman v. JohnsonDistrict Court, D. Massachusetts · 1981
2 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Stanley M. Grossman v. Edward C. Johnson, 3rdCourt of Appeals for the First Circuit · 1982
- Fed. Sec. L. Rep. P 98,845 Martin Fox v. Reich & Tang, Inc. And Daily Income Fund, Inc.Court of Appeals for the Second Circuit · 1982
- Drage v. Procter & GambleOhio Court of Appeals · 1997
- Weiss v. Temporary Investment Fund, Inc.Court of Appeals for the Third Circuit · 1982
- Fox v. Reich & Tang, Inc.District Court, S.D. New York · 1982
1 more not listed; retrieve them via the Exa API.