Legal Opinion

Walcutt v. Clevite Corp.

New York Court of Appeals

Decided June 6, 1963PublishedCited by 67 opinions

1Opinion of the CourtScileppi, J.

The three individual plaintiffs and the deceased (hereinafter collectively referred to as plaintiffs) were, with one minor exception, sole stockholders of several corporations engaged in the manufacture and sale of phonograph needles and related items. In February, 1959 plaintiffs sold their stock-holdings in those corporations to defendant Clevite Corporation in exchange for shares of Clevite stock. As part of the transaction, plaintiffs entered into separate written agreements not to compete with Clevite for 10 years, and plaintiff Lowell Walcutt further agreed to consult and advise with…

2Cases cited6 opinions

  1. Gillespie v. . TorranceNew York Court of Appeals · 1862
  2. Ettlinger v. . National Surety Co.New York Court of Appeals · 1917
  3. Elliott v. . BradyNew York Court of Appeals · 1908
  4. Lasher v. . WilliamsonNew York Court of Appeals · 1874
  5. Detmer Woolen Co. v. Van HornAppellate Terms of the Supreme Court of New York · 1908

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3Cited by67 opinions

  1. Cooperatieve Centrale Raiffeisen-Boerenleenbank, B.A. v. Francisco Javier Herrera NavarroNew York Court of Appeals · 2015
  2. Aetna Casualty And Surety Co. v. Aniero Concrete Co.Court of Appeals for the Second Circuit · 2005
  3. Cinema North Corporation, Cross-Appellee v. Plaza at Latham Associates and Hoyt's Cinema Corporation, Cross-AppellantsCourt of Appeals for the Second Circuit · 1989
  4. Frankel v. ICD Holdings S.A.District Court, S.D. New York · 1996
  5. Banker's Trust Co. v. SteenburnNew York Supreme Court · 1978

62 more not listed; retrieve them via the Exa API.

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