Legal Opinion
Prescott v. Plant Industries, Inc.
District Court, S.D. New York
Decided October 29, 1980No. 80 Civ. 4494PublishedCited by 7 opinions
1Opinion of the Court
OPINION
EDWARD WEINFELD, District Judge.
This case arose out of the effort by insurgent stockholders of defendant Plant Industries, Inc. (“Plant”), a Delaware corporation, to oust existing management by the election of six directors out of the total of nine which constitute the Board of Directors. The insurgents succeeded-all six on their slate won by a vast majority.1 As *259to the remaining three places to be filled, seven of the existing management’s slate of nine received the identical number of votes. The chairman who presided at the shareholders’ meeting at which the election was held took no…
2Cases cited26 opinions
- Strawbridge v. CurtissSupreme Court of the United States · 1806
- Skelly Oil Co. v. Phillips Petroleum Co.Supreme Court of the United States · 1950
- Provident Tradesmens Bank & Trust Co. v. PattersonSupreme Court of the United States · 1968
- Rogers v. Guaranty Trust Co.Supreme Court of the United States · 1933
- Prescription Plan Service Corp. v. Albert Franco, Individually and as AdministratorCourt of Appeals for the Second Circuit · 1977
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3Cited by7 opinions
- In Re the Topps Co. Shareholders LitigationCourt of Chancery of Delaware · 2007
- CRTF Corp. v. Federated Department Stores, Inc.District Court, S.D. New York · 1988
- Hahn v. BreedDistrict Court, S.D. New York · 1984
- Burton v. Exxon Corp.District Court, S.D. New York · 1982
- Felix Cinematografica S.r.l. v. Penthouse International, Ltd.District Court, S.D. New York · 1983
2 more not listed; retrieve them via the Exa API.