Legal Opinion
In Re Del-Val Financial Corp. Securities Litigation
District Court, S.D. New York
Decided November 10, 1994No. Master MDL 872PublishedCited by 18 opinions
1Opinion of the Court
OPINION AND ORDER
WILLIAM C. CONNER, District Judge.
Certain defendants in this complex securities fraud class action have made cross-motions for summary judgment on their respective cross-claims for contribution and indemnification. For the reasons set forth below, Settling Defendants’ motion for summary judgment is granted, while Deloitte & Touche’s motion for summary judgment is granted in part and denied in part.
BACKGROUND
The underlying action in this case was brought by purchasers or owners of shares of stock in Del-Val Financial Corp. (“Del-Val”) against Del-Val (a real estate investment…
2Cases cited38 opinions
- United States v. Reliable Transfer Co.Supreme Court of the United States · 1975
- Edmonds v. Compagnie Generale TransatlantiqueSupreme Court of the United States · 1979
- McDermott, Inc. v. AmClydeSupreme Court of the United States · 1994
- Rogers v. Dorchester AssociatesNew York Court of Appeals · 1973
- Globus v. Law Research Service, Inc.Court of Appeals for the Second Circuit · 1969
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3Cited by18 opinions
- State Farm Mutual Automobile Insurance v. GrafmanDistrict Court, E.D. New York · 2013
- Bernstein v. AntarDistrict Court, E.D. New York · 1996
- Fromer v. YogelDistrict Court, S.D. New York · 1999
- Steed Finance LDC v. Laser Advisers, Inc.District Court, S.D. New York · 2003
- Gabriel Capital, L.P. v. NatWest Finance, Inc.District Court, S.D. New York · 2000
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