Legal Opinion
Untermeyer v. Valhi, Inc.
District Court, S.D. New York
Decided July 28, 1987No. 87 Civ. 1754 (MGC)PublishedCited by 7 opinions
1Opinion of the Court
OPINION
CEDARBAUM, District Judge.
Defendant Valhi, Inc. (“Valhi”) moves for summary judgment pursuant to Rule 56 of the Federal Rules of Civil Procedure. The action was commenced under section 16(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78p(b), to recover “short swing profits” realized by defendant Valhi from the purchase and sale of common stock of Sea-Land Corporation (“Sea-Land”). The motion rests on plaintiffs lack of standing. There are no contested issues of material fact which would render summary judgment inappropriate. Because I conclude that plaintiff has no standing to…
2Cases cited13 opinions
- Blau v. LehmanSupreme Court of the United States · 1962
- Smolowe v. Delendo CorporationCourt of Appeals for the Second Circuit · 1943
- Reliance Electric Co. v. Emerson Electric Co.Supreme Court of the United States · 1972
- Goldstein v. GroesbeckCourt of Appeals for the Second Circuit · 1944
- Margot Newmark v. Rko General, Inc., and Frontier Airlines, Inc.Court of Appeals for the Second Circuit · 1970
8 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Mendell ex rel. Viacom Inc. v. GollustCourt of Appeals for the Second Circuit · 1990
- Mendell v. GollustCourt of Appeals for the Second Circuit · 1990
- Fed. Sec. L. Rep. P 93,690 Walter Untermeyer v. Valhi, Inc., Csx Corporation and Sea-Land CorporationCourt of Appeals for the Second Circuit · 1988
- West v. WestDistrict Court, N.D. Georgia · 1992
- Chechele v. Standard General Master Fund L.P.District Court, S.D. New York · 2022
2 more not listed; retrieve them via the Exa API.