Legal Opinion
Ingle v. Glamore Motor Sales, Inc.
New York Court of Appeals
Decided February 21, 1989PublishedCited by 122 opinions
1Opinion of the Court
OPINION OF THE COURT
Bellacosa, J.
Without a contract for a definite period of employment or some other legally recognized limitation on an employer’s unqualified right to discharge an at-will employee who also happens to be a minority shareholder in a close corporation, there is no insulation under the contractual and employment relationships alleged in this case from being fired or from having invoked a stock-repurchase option.
In 1964, plaintiff-appellant Ingle sought to purchase an equity interest in respondent Glamore Motor Sales, Inc. from its then sole shareholder, respondent James…
2Cases cited13 opinions
- Murphy v. American Home Products Corp.New York Court of Appeals · 1983
- Friends of Animals, Inc. v. Associated Fur Manufacturers, Inc.New York Court of Appeals · 1979
- Weiner v. McGraw-Hill, Inc.New York Court of Appeals · 1982
- Sabetay v. Sterling Drug, Inc.New York Court of Appeals · 1987
- Martin v. New York Life InsuranceNew York Court of Appeals · 1895
8 more not listed; retrieve them via the Exa API.
3Cited by122 opinions
- Samuel Albert v. Salmen Loksen, Brooklyn Hospital and Karen BuonoCourt of Appeals for the Second Circuit · 1999
- Howard v. Klynveld Peat Marwick GoerdelerDistrict Court, S.D. New York · 1997
- Leibowitz v. Bank Leumi Trust Co.Appellate Division of the Supreme Court of the State of New York · 1989
- Speakers of Sport, Inc. v. Proserv, Inc.Court of Appeals for the Seventh Circuit · 1999
- Nelson v. MartinTennessee Supreme Court · 1997
117 more not listed; retrieve them via the Exa API.