Schmidt v. Magnetic Head Corp.
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
OPINION OF THE COURT
Titone, J.
These appeals involve the interpretation and construction of a corporate shareholders’ agreement. Our primary concern is with the question of whether plaintiffs are entitled to designate a successor director in the place of their prior designee who has resigned. We are also called upon to determine whether the defendant directors are entitled to indemnification for legal expenses incurred in defending this action and whether the attorneys represent- . ing those directors should be disqualified on the basis of an alleged conflict of interest. As we shall explain,…
2Cases cited38 opinions
- Guggenheimer v. GinzburgNew York Court of Appeals · 1977
- Breed v. Insurance Co. of North AmericaNew York Court of Appeals · 1978
- BROWN BROS. v. Beam Constr.New York Court of Appeals · 1977
- Hartford Accident & Indemnity Co. v. WesolowskiNew York Court of Appeals · 1973
- Mallad Construction Corp. v. County Federal Savings & Loan Ass'nNew York Court of Appeals · 1973
33 more not listed; retrieve them via the Exa API.
3Cited by75 opinions
- Reiss v. Financial Performance Corp.New York Court of Appeals · 2001
- Gould v. Board of EducationNew York Court of Appeals · 1993
- Scottish Air International, Inc. And Murray Vidockler v. British Caledonian Group, Plc, Adam Thomson, Dennis H. Walter, and R. Marshall GibsonCourt of Appeals for the Second Circuit · 1996
- William P. Pahl Equipment Corp. v. KassisAppellate Division of the Supreme Court of the State of New York · 1992
- Schanfield v. Sojitz Corp. of AmericaDistrict Court, S.D. New York · 2009
70 more not listed; retrieve them via the Exa API.