Legal Opinion
Bankers Nat. Corp. v. Barr
District Court, S.D. New York
Decided December 8, 1945PublishedCited by 15 opinions
1Opinion of the Court
CONGER, District Judge.
These are motions by two defendants to dismiss the complaint for failure to state a claim upon which relief can be granted.
This is a derivative stockholder’s action brought by the Bankers National Corporation, a stockholder suing on behalf of all stockholders of Northeastern Water Company similarly situated, in their right and on behalf of said company and for its benefit.
The complaint charges improper disposition and waste of corporate assets of Northeastern by the defendants.
The defendants object to the complaint on the ground that it does not comply with Rule 23(b)…
2Cases cited8 opinions
- Gallup v. CaldwellCourt of Appeals for the Third Circuit · 1941
- Sohland v. BakerSupreme Court of Delaware · 1927
- Salt Dome Oil Corp. v. SchenckSupreme Court of Delaware · 1945
- Piccard v. Sperry CorporationDistrict Court, S.D. New York · 1941
- Baum v. SporborgAppellate Division of the Supreme Court of the State of New York · 1911
3 more not listed; retrieve them via the Exa API.
3Cited by15 opinions
- Harold DRACHMAN and Claire Drachman, Plaintiffs-Appellants, v. Lawrence A. HARVEY Et Al., Defendants-AppelleesCourt of Appeals for the Second Circuit · 1972
- Rosenthal v. Burry Biscuit Corp.Court of Chancery of Delaware · 1948
- Hausman v. BuckleyCourt of Appeals for the Second Circuit · 1962
- Lowell Wiper Supply Co. v. Helen Shop, Inc.District Court, S.D. New York · 1964
- Hausman v. BuckleyCourt of Appeals for the Second Circuit · 1962
10 more not listed; retrieve them via the Exa API.