Legal Opinion

Costello v. Atlas Corp.

District Court, N.D. California

Decided October 31, 1967No. 44027PublishedCited by 10 opinions

1Opinion of the Court

MEMORANDUM OF DECISION ON DEFENDANT’S MOTION FOR SUMMARY JUDGMENT, TO DISMISS OR TO STAY PROCEEDINGS.

PECKHAM, District Judge.

Plaintiffs England and Costello, the trustees in bankruptcy of Transocean Corporation, of California (hereafter TCC) and Transocean Air Lines (hereafter TAL), respectively, filed this action for 42 million dollars against Atlas Corporation (hereafter Atlas) and other defendants on July 28, 1965. The Complaint seeks damages and certain equitable relief for fraud, duress, breach of fiduciary obligations and for fraudulent conveyances. The Complaint charges in substance…

2Cases cited19 opinions

  1. Lady Washington Consolidated Co. v. WoodCalifornia Supreme Court · 1896
  2. Bainbridge v. StonerCalifornia Supreme Court · 1940
  3. Biewend v. BiewendCalifornia Supreme Court · 1941
  4. Agnew v. ParksCalifornia Court of Appeal · 1959
  5. Leeper v. BeltramiCalifornia Supreme Court · 1959

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3Cited by10 opinions

  1. Iit, An International Investment Trust v. Bernard CornfeldCourt of Appeals for the Second Circuit · 1980
  2. IIT v. CornfeldCourt of Appeals for the Second Circuit · 1980
  3. United States v. Franklin National BankDistrict Court, E.D. New York · 1973
  4. Costello v. Pan American World Airways, Inc.District Court, S.D. New York · 1969
  5. Klingebiel v. Lockheed Aircraft CorporationDistrict Court, N.D. California · 1971

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