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
2Per curiam
These appeals are closely related to other appeals (Schmidt v Magnetic Head Corp., 97 AD2d 151 [hereinafter Schmidt I] and Matter of Schmidt [Magnetic Head Corp.], 97 AD2d 244 [hereinafter Schmidt II), both decided by this court on November 14, 1983. A summary of that litigation will provide an enlightening factual basis for review of the instant appeals.
On April 30, 1978, Herbert J. Schmidt, Jr., and his wife Barbara Schmidt, principal stockholders of MCP Corporation (hereinafter MCP), a Delaware corporation, entered into an agreement with defendant Magnetic Head Corpo*271rati…
3Cases cited29 opinions
- Pepper v. LittonSupreme Court of the United States · 1939
- Auerbach v. BennettNew York Court of Appeals · 1979
- United Copper Securities Co. v. Amalgamated Copper Co.Supreme Court of the United States · 1917
- In re KellyNew York Court of Appeals · 1968
- Kalmanash v. SmithNew York Court of Appeals · 1943
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4Cited by36 opinions
- Liquilux Gas Corp. v. Humberto BerríosSupreme Court of Puerto Rico · 1995
- Ackerman v. 305 East 40th Owners Corp.Appellate Division of the Supreme Court of the State of New York · 1993
- In re HofAppellate Division of the Supreme Court of the State of New York · 1984
- In Re Caldor, Inc.-NYUnited States Bankruptcy Court, S.D. New York · 1996
- Morris v. MorrisAppellate Division of the Supreme Court of the State of New York · 2003
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