Legal Opinion

IBS Financial Corp. v. Seidman & Associates, L.L.C.

District Court, D. New Jersey

Decided January 23, 1997No. Civil Action 96-5435 (JEI)PublishedCited by 4 opinions

1Opinion of the Court

OPINION

IRENAS, District Judge:

Plaintiff instituted this action on November 12, 1996, seeking a judgment declaring that defendants have failed to make all of the disclosures required by Schedules 13D and 14A of the Securities Exchange Act of 1934, 15 U.S.C. §§ 77b et seq. (the “Exchange Act”); that plaintiff may reject defendants’ nomination to the board of directors for want of these disclosures; and that plaintiff may refuse defendants’ request for a shareholder list. Defendants counterclaimed on November 25, 1996 to compel plaintiff to reinstate a board of director seat it eliminated on…

2Cases cited18 opinions

  1. Erie Railroad v. TompkinsSupreme Court of the United States · 1938
  2. Stroud v. GraceSupreme Court of Delaware · 1992
  3. Schnell v. Chris-Craft Industries, Inc.Supreme Court of Delaware · 1971
  4. Blasius Industries, Inc. v. Atlas Corp.Court of Chancery of Delaware · 1988
  5. Condec Corporation v. Lunkenheimer CompanyCourt of Chancery of Delaware · 1967

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3Cited by4 opinions

  1. Fed. Sec. L. Rep. P 90,139 Ibs Financial Corporation v. Seidman and Associates, L.L.C. Seidman and Associates Ii, L.L.C. Federal Holdings, L.L.C. Seidman Investment Partnership, L.P. Lawrence B. Seidman the Benchmark Company, Incorporated Benchmark Partners, L.P. Lorraine Di Paolo Richard Whitman Ernest Beier, Jr. And Dennis PollackCourt of Appeals for the Third Circuit · 1998
  2. Vestcom International, Inc. v. ChopraDistrict Court, D. New Jersey · 2000
  3. IBS Financial Corp. v. Seidman & Associates, L.L.C.Court of Appeals for the Third Circuit · 1998
  4. ATG Capital Opportunities Fund LP v. Ryan LaneCourt of Chancery of Delaware · 2026

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