Legal Opinion
Heckmann v. Ahmanson
California Court of Appeal
Decided May 14, 1985No. B007847PublishedCited by 34 opinions
1Opinion of the Court
Opinion
JOHNSON, J.
Plaintiffs, stockholders in Walt Disney Productions, are suing to recover the payoff in the greenmailing 1 of Disney. Defendants are the Disney directors who paid the greenmail and the “Steinberg Group” 2 to whom the money, approximately $325 million, was paid.
Plaintiffs obtained a preliminary injunction which, in effect, imposes a trust on the profit from the Disney-Steinberg transaction, approximately $60 million, and requires the Steinberg Group to render periodic accountings of the disposition of the entire proceeds. The Steinberg Group appeals from this preliminary…
2Cases cited56 opinions
- Cohen v. Beneficial Industrial Loan Corp.Supreme Court of the United States · 1949
- Pepper v. LittonSupreme Court of the United States · 1939
- Meinhard v. SalmonNew York Court of Appeals · 1928
- Beatty v. . Guggenheim Exploration Co.New York Court of Appeals · 1919
- Williams v. State of CaliforniaCalifornia Supreme Court · 1983
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3Cited by34 opinions
- Lou v. BelzbergCourt of Appeals for the Ninth Circuit · 1987
- Neilson v. Union Bank of California, N.A.District Court, C.D. California · 2003
- Grosset v. WenaasCalifornia Supreme Court · 2008
- GHK Associates v. Mayer Group, Inc.California Court of Appeal · 1990
- Pierce v. LymanCalifornia Court of Appeal · 1991
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