Legal Opinion

In Re Dissolution of E. C. Warner Co.

Supreme Court of Minnesota

Decided December 15, 1950No. 35,205PublishedCited by 16 opinions

1Opinion of the Court

Matson, Justice.

Appeal from an order directing the liquidating receiver of the E. C. Warner Company, a corporation, to pay $15,000 to claimants, two legal firms, 2 as fees for legal services performed in successfully defending an officer and director of said corporation in three derivative actions.

If a stockholder’s derivative action brought to recover for waste and depletion of assets alleged to have been caused by dereliction of duty by an officer and director is terminated upon the merits in favor of such director and officer, may the corporation thereafter be required to pay the…

2Cases cited18 opinions

  1. McCourt v. Singers-BiggerCourt of Appeals for the Eighth Circuit · 1906
  2. Figge v. BergenthalWisconsin Supreme Court · 1907
  3. Colley v. WolcottCourt of Appeals for the Eighth Circuit · 1911
  4. In Re Trusteeships Under Will of DrakeSupreme Court of Minnesota · 1935
  5. Horn Silver Mining Co. v. RyanSupreme Court of Minnesota · 1889

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

3Cited by16 opinions

  1. Highway Truck Drivers and Helpers Local 107 v. CohenDistrict Court, E.D. Pennsylvania · 1960
  2. Bosch v. Meeker Cooperative Light & Power Assn.Supreme Court of Minnesota · 1960
  3. Benson Cooperative Creamery Ass'n v. First District Ass'nSupreme Court of Minnesota · 1967
  4. Mooney v. Willys-Overland Motors, Inc.Court of Appeals for the Third Circuit · 1953
  5. International Brotherhood of Teamsters, Chauffeurs, Warehousemen & Helpers of America v. HoffaDistrict Court, District of Columbia · 1965

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

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