Legal Opinion

Cohen v. Beneficial Industrial Loan Corp.

District Court, D. Delaware

Decided September 21, 1950No. Civ. A. No. 1215PublishedCited by 4 opinions

1Opinion of the Court

LEAHY, Chief Judge.

Plaintiff, as a stockholder of Beneficial Industrial Loan Corporation, instituted a derivative action against directors and controlling stockholders in an attempt to recover on behalf of the corporation losses which it allegedly suffered as a result of the wrongful acts of the individual defendants.1 The present matter calls for the disposition of three pending motions, which are: (1) Motion of Beneficial to dismiss the complaint or, in the alternative, for summary judgment on the ground of prior pending actions; (2) motion of Felter and Turner for summary judgment on the…

2Cases cited7 opinions

  1. Cohen v. Beneficial Industrial Loan Corp.Supreme Court of the United States · 1949
  2. Fennell v. BacheSupreme Court of the United States · 1941
  3. Phillips v. BakerCourt of Appeals for the Ninth Circuit · 1941
  4. Schoen v. Mountain Producers CorporationCourt of Appeals for the Third Circuit · 1948
  5. Beneficial Industrial Loan Corp. v. SmithCourt of Appeals for the Third Circuit · 1948

2 more not listed; retrieve them via the Exa API.

3Cited by4 opinions

  1. Bernard v. U. S. AircoachDistrict Court, S.D. California · 1953
  2. Auerbach v. Cities Service Co.Supreme Court of Delaware · 1958
  3. Evans v. RushingDistrict Court, E.D. South Carolina · 1959
  4. Cohen v. Beneficial Industrial Loan Corp.District Court, D. Delaware · 1952

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