Legal Opinion

Louisiana World Exposition v. Federal Insurance Company

Court of Appeals for the Fifth Circuit

Decided October 11, 1988No. 87-3264PublishedCited by 179 opinions

1Opinion of the Court

KING, Circuit Judge:

Louisiana World Exposition, Inc. appeals from the district court’s dismissal, for failure to state a claim upon which relief may be granted, of LWE’s complaint against its officers and directors (and their respective insurers) for gross negligence, mismanagement and breach of fiduciary duty. LWE is a Louisiana nonprofit corporation presently in a case under Chapter 11 of the Bankruptcy Code. After having been authorized by the bankruptcy court to do so, the Contractor Creditors’ Committee of LWE brought this lawsuit on behalf and in the name of LWE'. The district court…

2Cases cited76 opinions

  1. Butner v. United StatesSupreme Court of the United States · 1979
  2. Pepper v. LittonSupreme Court of the United States · 1939
  3. United States v. Whiting Pools, Inc.Supreme Court of the United States · 1983
  4. Commodity Futures Trading Commission v. WeintraubSupreme Court of the United States · 1985
  5. Caplin v. Marine Midland Grace Trust Co. of New YorkSupreme Court of the United States · 1972

71 more not listed; retrieve them via the Exa API.

3Cited by179 opinions

  1. Federal Deposit Insurance Corporation, in Its Corporate Capacity v. Gus S. Mijalis, and Gus S. MijalisCourt of Appeals for the Fifth Circuit · 1994
  2. Torch Liquidating Trust Ex Rel. Bridge Associates L.L.C. v. StockstillCourt of Appeals for the Fifth Circuit · 2009
  3. Schertz-Cibolo-Universal City, Independent School District v. Wright (In Re Educators Group Health Trust)Court of Appeals for the Fifth Circuit · 1994
  4. Douglas v. DelpTexas Supreme Court · 1999
  5. Charles Trois v. Apple Tree Auction Center, Inc, eCourt of Appeals for the Fifth Circuit · 2018

174 more not listed; retrieve them via the Exa API.

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