Legal Opinion
Geren v. Quantum Chemical Corp.
District Court, S.D. New York
Decided September 21, 1993No. 92 Civ. 3911(PNL)PublishedCited by 40 opinions
1Opinion of the Court
OPINION AND ORDER
LEVAL, District Judge.
This is an action brought by a holder of corporate bonds against the corporation, its officer, and various advisors and lenders to the corporation, seeking damages because a corporation’s distribution to its common stockholders of a special dividend caused a decline in the market value of the bonds. Defendants move to dismiss the complaint.
Background
Plaintiff Preston M. Geren, Jr., the owner of $100,000 face amount of the 8.875% subordinated debt securities issued by defendant Quantum Chemical Corporation, sues individually and on behalf of all owners of…
2Cases cited31 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Goldman v. BeldenCourt of Appeals for the Second Circuit · 1985
- Sabetay v. Sterling Drug, Inc.New York Court of Appeals · 1987
- Cosmas v. HassettCourt of Appeals for the Second Circuit · 1989
- Rowe v. Great Atlantic & Pacific Tea Co.New York Court of Appeals · 1978
26 more not listed; retrieve them via the Exa API.
3Cited by40 opinions
- Cooper v. ParskyCourt of Appeals for the Second Circuit · 1998
- Grace v. Bank Leumi Trust Company Of New YorkCourt of Appeals for the Second Circuit · 2006
- Broder v. Cablevision Systems Corp.Court of Appeals for the Second Circuit · 2005
- Adelphia Recovery Trust v. HSBC Bank USA, National Ass'nCourt of Appeals for the Second Circuit · 2011
- Roselink Investors, L.L.C. v. ShenkmanDistrict Court, S.D. New York · 2004
35 more not listed; retrieve them via the Exa API.