Legal Opinion
Taylor v. Swirnow
District Court, D. Maryland
Decided August 18, 1978No. Civ. No. B-76-291PublishedCited by 18 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
BLAIR, District Judge.
This is a shareholder derivative action brought on behalf of American Continental Industries, Inc. (ACI) and two wholly owned subsidiaries of ACI — Starts, Inc. and Norob, Inc. Among the 10 named plaintiff shareholders, plaintiff Taylor owns more than 50% of the stock of ACI. ACI, Starts, and Norob are “nominally named” as defendants. Among the additional 24 defendants are Richard Swirnow and 10 corporations in which Swirnow allegedly held a controlling or substantial interest; Charles Summers, alleged to be the second largest shareholder and former…
2Cases cited20 opinions
- Koster v. (American) Lumbermens Mutual Casualty Co.Supreme Court of the United States · 1947
- Ross v. BernhardSupreme Court of the United States · 1969
- Smith v. SperlingSupreme Court of the United States · 1957
- Indianapolis v. Chase Nat. BankSupreme Court of the United States · 1941
- City of Indianapolis v. Chase National BankSupreme Court of the United States · 1941
15 more not listed; retrieve them via the Exa API.
3Cited by18 opinions
- In Re Digimarc Corp. Derivative LitigationCourt of Appeals for the Ninth Circuit · 2008
- Heniford v. American Motors Sales Corp.District Court, D. South Carolina · 1979
- George B. Liddy v. Lawrence W. UrbanekCourt of Appeals for the Eleventh Circuit · 1983
- Reilly Mortgage Group, Inc. v. Mount Vernon Savings & Loan Ass'nDistrict Court, E.D. Virginia · 1983
- Duffey v. WheelerCourt of Appeals for the Eleventh Circuit · 1987
13 more not listed; retrieve them via the Exa API.