Legal Opinion
Polycast Technology Corp. v. Uniroyal, Inc.
District Court, S.D. New York
Decided November 21, 1989No. 87 Civ. 3297 (JMW)PublishedCited by 47 opinions
1Opinion of the Court
OPINION
WALKER, District Judge:
This dispute arises from the allegedly fraudulent sale by defendant Uniroyal, Inc. (“Uniroyal”) of its wholly owned subsidiary Uniroyal Plastics Company, Inc. (“Plastics”) to plaintiff Polycast Technology Corporation (“Polycast”). In substance, Poly-cast alleges that in valuing and pricing the shares of Plastics and in consummating the transaction, it relied on materially misleading information furnished by defendants with respect to the financial status, earnings potential, and operating condition of Plasties, and that as a result it paid a grossly excessive…
2Cases cited62 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Foman v. DavisSupreme Court of the United States · 1962
- Sedima, S. P. R. L. v. Imrex Co.Supreme Court of the United States · 1985
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- H. J. Inc. v. Northwestern Bell Telephone Co.Supreme Court of the United States · 1989
57 more not listed; retrieve them via the Exa API.
3Cited by47 opinions
- Spool v. World Child International Adoption AgencyCourt of Appeals for the Second Circuit · 2008
- Lawrence M. Powers v. British Vita, P.L.C., Rodney H. Sellers, and Francis J. EatonCourt of Appeals for the Second Circuit · 1995
- Friedman v. Arizona World Nurseries Ltd. PartnershipDistrict Court, S.D. New York · 1990
- In Re Blech Securities LitigationDistrict Court, S.D. New York · 1996
- Com-Tech Associates v. Computer Associates International, Inc.District Court, E.D. New York · 1990
42 more not listed; retrieve them via the Exa API.