Legal Opinion
Leader v. Dinkler Management Corp.
New York Court of Appeals
Decided July 7, 1967PublishedCited by 37 opinions
1Opinion of the CourtKeating, J.
The plaintiff in this action, I. Theodore Leader, and the defendant Joseph Durst were the promoters and controlling stockholders of the Leader-Durst Corporation. The corporation was organized in December, 1961. Shortly thereafter the Leader-Durst Corporation made a public offering of a large block of its Class A stock at a price of $5.00 per share. In order to insure compliance with the registration statement filed with the Securities and Exchange Commission, Leader and Durst found it necessary to acquire personally 80,000 shares of the corporation’s Class A stock. Finding themselves without…
2Cases cited5 opinions
- General Phoenix Corp. v. CabotNew York Court of Appeals · 1949
- Jenkins v. MoyseNew York Court of Appeals · 1930
- Werger v. Haines Corp.New York Court of Appeals · 1951
- New York Credit Men's Ass'n v. Manufacturers Discount Corp.New York Court of Appeals · 1948
- 418 Trading Corp. v. OconefskyNew York Supreme Court · 1962
3Cited by37 opinions
- Galloway v. Travelers Ins. Co.Mississippi Supreme Court · 1987
- Universal Metals & MacHinery, Inc. v. BohartTexas Supreme Court · 1976
- Strong v. CommissionerUnited States Tax Court · 1976
- J. Richard Dirose v. Pk Management Corp., Nicholas A. Demare, Frank Ciccarelli, John S. Russo, Harry Kursh, Anthony Curatolo and Jerome DanskerCourt of Appeals for the Second Circuit · 1982
- Brunswick Corp. v. WaxmanDistrict Court, E.D. New York · 1978
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