Smolowe v. Delendo Corporation
District Court, S.D. New York
1Opinion of the Court
BRIGHT, District Judge.
These actions were brought by Philip Smolowe and M. William Levy, stockholders of the defendant Delendo Corporation, to recover for the corporation profits received between December 1, 1939, and June 1, 1940, by the defendants I. J. Seskis and Henry C. Kaplan, president and vice president respectively, and directors of the corporation, each owning approximately 12% of its common stock. The cases were consolidated and tried together without a jury.
The issues involve the interpretation and constitutionality of Section 16(b) of the “Securities Exchange Act of 1934”, 48…
2Cases cited29 opinions
- Pepper v. LittonSupreme Court of the United States · 1939
- Sprague v. Ticonic National BankSupreme Court of the United States · 1939
- United States v. DarbySupreme Court of the United States · 1941
- Trustees v. GreenoughSupreme Court of the United States · 1882
- West Coast Hotel Co. v. ParrishSupreme Court of the United States · 1937
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3Cited by6 opinions
- Smolowe v. Delendo CorporationCourt of Appeals for the Second Circuit · 1943
- Fed. Sec. L. Rep. P 94,724 Securities and Exchange Commission v. Continental Commodities CorporationCourt of Appeals for the Fifth Circuit · 1974
- Blau v. AlbertDistrict Court, S.D. New York · 1957
- Adler v. KlawansDistrict Court, S.D. New York · 1958
- Blau v. AllenDistrict Court, S.D. New York · 1959
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