Legal Opinion

Shanik v. Aller

Appellate Division of the Supreme Court of the State of New York

Decided December 18, 1944PublishedCited by 2 opinions

1Opinion of the Court

This is a derivative class action brought by a stockholder of defendant American Power & Light Company against it and its officers and directors, and the Electric Bond & Share Company and one of the latter’s subsidiaries (Ebaseo Services, Incorporated). The complaint alleges three causes of action. In the first (the only one involved on this appeal) it is alleged that the American Power & Light Company is a holding company which controls sixteen operating public utility corporations in various States and that the Bond & Share Company is a holding company which controls American Power & Light…

2Cases cited5 opinions

  1. Blaustein v. Pan American Petroleum & Transport Co.New York Court of Appeals · 1944
  2. Blaustein v. Pan American Petroleum & Transport Co.Appellate Division of the Supreme Court of the State of New York · 1941
  3. Cohen v. DanaNew York Court of Appeals · 1942
  4. Pollak v. Long Island Lighting Co.Appellate Division of the Supreme Court of the State of New York · 1935
  5. Block v. OtisAppellate Division of the Supreme Court of the State of New York · 1940

3Cited by2 opinions

  1. Majestic Factors Corp. v. LatinoNew York Supreme Court · 1959
  2. Channel Master Corp. v. JFD Electronics Corp.Appellate Division of the Supreme Court of the State of New York · 1966

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