Legal Opinion
Goldfield Corp. v. General Host Corp.
New York Court of Appeals
Decided November 18, 1971PublishedCited by 19 opinions
1Opinion of the CourtBreitel, J.
The issue on summary motion is whether an annual corporate meeting may be annulled and the election of directors and adoption of resolutions set aside where the beneficial owner of 16.7% of the outstanding common stock was deprived of an opportunity to request a proxy and to vote, and other shareholders were incorrectly informed that these shares could not be voted.
The election, it is concluded, was valid. No notice to the beneficial owner, Goldfield, of the meeting was required; and there was no misrepresentation in the proxy materials circulated which, under the circumstances, could have…
2Cases cited22 opinions
- Rentways, Inc. v. O'Neill Milk & Cream Co.New York Court of Appeals · 1955
- Markham v. . JaudonNew York Court of Appeals · 1869
- Benintendi v. Kenton Hotel, Inc.New York Court of Appeals · 1945
- In re the Election of Directors of R. Hoe & Co.New York Court of Appeals · 1955
- In re the Election of Directors of R. Hoe & Co.New York Supreme Court · 1954
17 more not listed; retrieve them via the Exa API.
3Cited by19 opinions
- Collins v. Telcoa International Corp.Appellate Division of the Supreme Court of the State of New York · 2001
- Stream v. Sportscar Salon, Ltd.Civil Court of the City of New York · 1977
- Schmidt v. Magnetic Head Corp.Appellate Division of the Supreme Court of the State of New York · 1983
- Simoni v. Civil Service Employees Ass'nNew York Supreme Court · 1986
- Eklund v. PinkeyAppellate Division of the Supreme Court of the State of New York · 2006
14 more not listed; retrieve them via the Exa API.