Legal Opinion
Dimon Inc. v. Folium, Inc.
District Court, S.D. New York
Decided May 3, 1999No. 98 Civ. 6732(LAK)PublishedCited by 23 opinions
1Opinion of the Court
MEMORANDUM OPINION
KAPLAN, District Judge.
Plaintiff DIMON Incorporated (“DI-MON”) and a wholly owned subsidiary purchased all of the stock of Intabex Holdings Worldwide, S.A. (“Intabex”) and the assets of Tabex (Private) Limited, now Blair Investments (Private) Limited (“Tabex”) in April 1997 for a total of $264,190,000. DIMON now alleges it was fraudulently induced to overpay for the acquisition and brings this action against the sellers for breach of contract, fraud, negligent misrepresentation, civil conspiracy, breach of duty of loyalty and breach of warranty. Defendants in various…
2Cases cited37 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Newman-Green, Inc. v. Alfonzo-LarrainSupreme Court of the United States · 1989
- Kreutter v. McFadden Oil Corp.New York Court of Appeals · 1988
- Danann Realty Corp. v. HarrisNew York Court of Appeals · 1959
- McGowan v. SmithNew York Court of Appeals · 1981
32 more not listed; retrieve them via the Exa API.
3Cited by23 opinions
- Odyssey Re (London) Ltd. v. Stirling Cooke Brown Holdings Ltd.District Court, S.D. New York · 2000
- Manhattan Motorcars, Inc. v. Automobili LamborghiniDistrict Court, S.D. New York · 2007
- JP Morgan Chase Bank v. WinnickDistrict Court, S.D. New York · 2004
- Nasik Breeding & Research Farm Ltd. v. Merck & Co.District Court, S.D. New York · 2001
- Saltz v. FIRST FRONTIER, LPDistrict Court, S.D. New York · 2010
18 more not listed; retrieve them via the Exa API.