Neuwirth v. Namm-Loeser's, Inc.
District Court, E.D. New York
1Opinion of the Court
ZAVATT, District Judge.
This is a stockholders’ derivative action brought by a stockholder owning 50 shares (out of a total of 342,000 outstanding) of the defendant Namm-Loe-ser’s Inc., having a market value of less than $50,000. The plaintiff, a citizen of New Jersey, brings this action against the two New York corporations alleging that the defendant Namm-Loeser’s Inc. is a subsidiary of and subject to the domination and control of the defendant Arebec Corporation; that the two defendants conspired to effect a cancellation of a lease of real property owned by the defendant Arebec and…
2Cases cited8 opinions
- Cohen v. Beneficial Industrial Loan Corp.Supreme Court of the United States · 1949
- Landis v. North American Co.Supreme Court of the United States · 1936
- Mottolese v. KaufmanCourt of Appeals for the Second Circuit · 1949
- Fielding v. AllenCourt of Appeals for the Second Circuit · 1950
- Montro Corp. v. PrindleDistrict Court, S.D. New York · 1952
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3Cited by5 opinions
- Brown v. BullockDistrict Court, S.D. New York · 1961
- Taliaferro v. HoogsCalifornia Court of Appeal · 1965
- Goldstein v. WeismanDistrict Court, S.D. New York · 1960
- Levy v. AlexanderDistrict Court, E.D. New York · 1959
- Auerbach v. Shafstor, Inc.New York Supreme Court · 1962