Pepsico, Inc. v. W. R. Grace & Co.
District Court, S.D. New York
1Opinion of the Court
O-P-I-N-I-O-N
THOMAS F. MURPHY, District Judge.
Defendants move to dismiss the complaint for lack of jurisdiction over the subject matter or, alternatively, for summary judgment.
Plaintiff's first two claims are based upon an alleged violation of section 10(b) of the Securities Exchange Act of 1934 (15 U.S.C. § 78j(b) 1 and Rule 10b-5 of the Securities and Exchange Commission rules (17 C.F.R. § 240.10b-5). 2 Its other two claims are based upon pendent jurisdiction.
At issue is whether there was on May 8, 1969, a contract by Grace to sell and Pepsico to purchase Grace’s 53% stock interest in…
2Cases cited13 opinions
- United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
- Leo Vine v. Beneficial Finance Company, Inc., and Charles H. Dowd, Stuart A. Wixson, George J. Springer, C. H. Donohue and Crown Finance Company, Inc.Court of Appeals for the Second Circuit · 1967
- A. T. Brod & Co. v. Jack Perlow and Adele Perlow, Also Known as Adele WagnerCourt of Appeals for the Second Circuit · 1967
- Glona v. American Guarantee & Liability InsuranceSupreme Court of the United States · 1967
- Ruckle v. Roto American Corp.Court of Appeals for the Second Circuit · 1964
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3Cited by7 opinions
- Fed. Sec. L. Rep. P 99,667 Reprosystem, B v. and N. Norman Muller, and Cross-Appellants v. Scm Corporation, and Cross-AppelleeCourt of Appeals for the Second Circuit · 1984
- Jackson v. LajaunieSupreme Court of Louisiana · 1972
- Applied Digital Data Systems Inc. v. Milgo Electronic Corp.District Court, S.D. New York · 1977
- Reprosystem, BV v. SCM Corp.District Court, S.D. New York · 1981
- Kogan v. National Bank of North AmericaDistrict Court, E.D. New York · 1975
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