Legal Opinion

Breed v. Barton

Appellate Division of the Supreme Court of the State of New York

Decided May 22, 1980PublishedCited by 1 opinion

1Opinion of the Court

OPINION OF THE COURT

Greenblott, J.

This action arises out of the merger on March 31, 1971, of Shepard Niles Crane and Hoist Corporation (Old Shepard) into Shepcan Corporation (Shepcan), a wholly owned subsidiary of Vulcan, Inc. (Vulcan). After the merger, Shepcan changed its name to Shepard Niles Crane and Hoist Corporation (New Shepard) and continued the business of Old Shepard.

Plaintiffs, minority shareholders of Old Shepard, had timely filed their notice of election to dissent from the merger and instituted appraisal proceedings in Supreme Court, Chemung County, to have their stock…

2Cases cited7 opinions

  1. Kavanaugh v. . Kavanaugh Knitting Co.New York Court of Appeals · 1919
  2. Independent Investor Protective League v. Time, Inc.New York Court of Appeals · 1980
  3. Willcox v. SternNew York Court of Appeals · 1966
  4. Curren v. O'ConnorNew York Court of Appeals · 1952
  5. Eisenberg v. Central Zone Property Corp.New York Court of Appeals · 1953

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3Cited by1 opinion

  1. Walter J. Schloss Associates v. Arkwin Industries, Inc.Appellate Division of the Supreme Court of the State of New York · 1982

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