Legal Opinion
Frieda Suffin v. The Pennsylvania Railroad Company, the Pennsylvania Company and Norfolk Andwestern Railway Company
Court of Appeals for the Third Circuit
Decided June 6, 1968No. 17106_1PublishedCited by 5 opinions
1Opinion of the Court
OPINION OF THE COURT
2Per curiam
This appeal is from an order of the District Court granting defendants-appellees’ motions to dismiss a derivative stockholder suit for lack of jurisdiction. See Suffin v. Pennsylvania Railroad Company, 276 F.Supp. 549 (D.Del.1967), where the background facts and motions are „ accurately summarized. The appellant brought her derivative suit, seeking damages for breach of fiduciary duty, as related to the exchange, over a ten-year period, of convertible debentures issued by Norfolk and Western Railway Company (N & W) for N & W common stock held by The Pennsylvania Company, a…
3Cases cited13 opinions
- New York Central Securities Corporation v. United StatesSupreme Court of the United States · 1932
- Penn-Central Merger & N & W Inclusion CasesSupreme Court of the United States · 1967
- Pittsburgh & West Virginia Railway Co. v. United StatesSupreme Court of the United States · 1930
- Schwabacher v. United StatesSupreme Court of the United States · 1948
- Alleghany Corp. v. Breswick & Co.Supreme Court of the United States · 1957
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4Cited by5 opinions
- B. F. Goodrich Co. v. Northwest Industries, Inc.Court of Appeals for the Third Circuit · 1970
- REA Express, Inc. v. Alabama Great Southern Railroad Co.District Court, S.D. New York · 1972
- Bruno v. Western Pacific RailroadCourt of Chancery of Delaware · 1985
- Oscar L. Altman v. Central of Georgia Railway CompanyCourt of Appeals for the D.C. Circuit · 1973
- The B. F. Goodrich Company v. Northwest Industries, Inc.Court of Appeals for the Third Circuit · 1970