Legal Opinion

Marco v. Sachs

New York Supreme Court

Decided July 16, 1951PublishedCited by 6 opinions

1Opinion of the CourtBartels, J.

Motion for substitution of an assignee as a nominal party defendant. This is a stockholder’s derivative action based upon alleged wrongs perpetrated on the defendant corporation by the individual defendants as directors. In this case Central States Electric Corporation (hereafter referred to as “ Central States ”), which is the parent and controlling stockholder of the Blue Ridge Corporation (hereafter referred to as “ Blue Ridge ”), filed a petition in 1942 in the United States District Court for the Eastern District of Virginia for reorganization under Chapter X of the Bankruptcy Act. (U.…

2Cases cited15 opinions

  1. Price v. GurneySupreme Court of the United States · 1945
  2. Titus v. WallickSupreme Court of the United States · 1939
  3. Darcy v. Brooklyn & New York Ferry Co.New York Court of Appeals · 1909
  4. Cole v. Millerton Iron Co.New York Court of Appeals · 1892
  5. Bailey v. BaileyAppellate Division of the Supreme Court of the State of New York · 1943

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3Cited by6 opinions

  1. Marco v. DullesDistrict Court, S.D. New York · 1959
  2. Carruthers v. Jack Waite Mining Co.New York Court of Appeals · 1953
  3. Marco v. DullesDistrict Court, S.D. New York · 1959
  4. Marco v. SachsNew York Supreme Court · 1951
  5. Marco v. SachsAppellate Division of the Supreme Court of the State of New York · 1956

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