Legal Opinion
Sorin v. Shahmoon Industries, Inc.
New York Supreme Court
Decided April 12, 1961PublishedCited by 14 opinions
1Opinion of the CourtMatthew M. Lett, J.
Three stockholders ’ derivative actions were consolidated and tried before me.1 ..The subject corporation, a Delaware company, is Shahmoon Industries, Inc. It was formerly known as Warren Foundry & Pipe Corporation. The principal defendant is Solomon E. Shahmoon, the corporation’s president, chairman of the board, director and major stockholder, and it was he (after becoming interested in the Warren company) who gave the impetus to the change of its corporate name.
The charges against the defendants were many, substantial and minor, and the ramifications were considerable. The issues were…
2Cases cited17 opinions
- Meinhard v. SalmonNew York Court of Appeals · 1928
- Beard v. ElsterSupreme Court of Delaware · 1960
- Borg v. International Silver Co.Court of Appeals for the Second Circuit · 1925
- Godley v. . Crandall Godley Co.New York Court of Appeals · 1914
- Everett v. PhillipsNew York Court of Appeals · 1942
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3Cited by14 opinions
- Forbes v. Wells Beach Casino, Inc.Supreme Judicial Court of Maine · 1973
- Gottesman v. General Motors CorporationDistrict Court, S.D. New York · 1967
- Ascher Corp. v. HorvathNew York Supreme Court · 1962
- Sorin v. Shahmoon Industries, Inc.New York Supreme Court · 1961
- Bronzaft v. CaporaliNew York Supreme Court · 1994
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