Chrysler Corp. v. Fedders Corp.

Order, Supreme Court, New York County, entered December 5, 1977, denying plaintiffs motion for a preliminary injunction unanimously modified, on the law and the facts and in the exercise of discretion, to grant a preliminary injunction to the extent only of directing that upon any payment of future dividends to holders of its series A, preferred stock, defendant shall set aside or otherwise secure funds for payment of ratable dividends to holders of its series B, preferred stock, pending determination of this action, and otherwise affirmed, without costs and without disbursements. An…