Cross Properties, Inc. v. Brook Realty Co.
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
OPINION OF THE COURT
Titone, J.
The matter before the court on appeal stems from a stockholders’ derivative action brought on September 26, 1968 to enjoin the sale to defendant Brook Realty Co., Inc. (Brook) of three parcels of real property and the improvements thereon, located in Yonkers, New York, Corpus Christie, Texas, and Orlando, Florida. The plaintiffs, owners of approximately 26% of the outstanding shares of the parent realty company which controlled the parcels through its corporate subsidiaries and favored the sale, sought to cancel the proposed sale to Brook. They also demanded…
2Cases cited13 opinions
- Wood v. . Duff-GordonNew York Court of Appeals · 1917
- Regan v. LanzeNew York Court of Appeals · 1976
- Margolies v. Encounter, Inc.New York Court of Appeals · 1977
- Stevens v. Central National BankNew York Court of Appeals · 1901
- Hovey v. . the Rubber-Tip Pencil Co.New York Court of Appeals · 1872
8 more not listed; retrieve them via the Exa API.
3Cited by20 opinions
- Pinnacle Books, Inc. v. Harlequin Enterprises Ltd.District Court, S.D. New York · 1981
- Laurence Gerard and Firejet America, Ltd. v. Albert Almouli and Alchem, Ltd.Court of Appeals for the Second Circuit · 1984
- Mocca Lounge, Inc. v. MisakAppellate Division of the Supreme Court of the State of New York · 1983
- Timberline Development L. L. C. v. KronmanAppellate Division of the Supreme Court of the State of New York · 2000
- 2004 McDonald Ave. Realty, LLC v. 2004 McDonald Avenue Corp.Appellate Division of the Supreme Court of the State of New York · 2008
15 more not listed; retrieve them via the Exa API.