Legal Opinion
Levine v. Bradlee
Court of Appeals for the Third Circuit
Decided May 24, 1967No. 16072PublishedCited by 18 opinions
1Opinion of the Court
OPINION OF THE COURT
BIGGS, Circuit Judge.
The issue in this case is whether Samuel R. Levine, the plaintiff, may maintain a suit for his expenses and attorney’s fees incurred in a stockholders’ derivative suit without giving security for expenses.
F. R. Wills, Chairman of the Board and Chief Executive Officer of General Acceptance Corporation, GAC, a Pennsylvania corporation, was given an option by GAC to purchase 53,061, as adjusted, shares of its common stock at $12.98 a share. When Wills exercised the option and purchased the stock, he gave his personal promissory note in the amount of…
2Cases cited13 opinions
- Cohen v. Beneficial Industrial Loan Corp.Supreme Court of the United States · 1949
- Koster v. (American) Lumbermens Mutual Casualty Co.Supreme Court of the United States · 1947
- Trustees v. GreenoughSupreme Court of the United States · 1882
- Shapiro v. MagazinerSupreme Court of Pennsylvania · 1965
- McClure v. Borne Chemical Co.Court of Appeals for the Third Circuit · 1961
8 more not listed; retrieve them via the Exa API.
3Cited by18 opinions
- Alexander Kahan, on Behalf of Himself and All Others Similarly Situated v. Lewis RosenstielCourt of Appeals for the Third Circuit · 1970
- Lewis v. CurtisCourt of Appeals for the Third Circuit · 1982
- Clare R. Bruffett v. Warner Communications, IncCourt of Appeals for the Third Circuit · 1982
- Ramey v. Cincinnati Enquirer, Inc.Court of Appeals for the Sixth Circuit · 1974
- Shlensky v. DorseyCourt of Appeals for the Third Circuit · 1978
13 more not listed; retrieve them via the Exa API.