Legal Opinion

Cross Properties, Inc. v. Brook Realty Co.

Appellate Division of the Supreme Court of the State of New York

Decided July 6, 1971PublishedCited by 6 opinions

1Opinion of the CourtHunker, J.

This litigation was started as a stockholders’ derivative action on September 26, 1968 to enjoin the sale to defendant Brook Realty Co. Inc. of three parcels of real property and the improvements thereon, located in Yonkers, New York, Corpus Christi, Texas, and Orlando, Florida. The plaintiffs sought to cancel the proposed sale and demanded damages against the proposed purchaser, the .real estate broker and the corporate directors. They obtained a preliminary injunction enjoining the sale, which was set to take place on October 4, 1968, pending trial of the action.

After a nonjury trial an…

2Cases cited8 opinions

  1. Bissell v. Michigan Southern & Northern Indiana Railroad CompaniesNew York Court of Appeals · 1860
  2. Richland v. CrandallDistrict Court, S.D. New York · 1967
  3. Matter of Bacon (Susquehanna Silk Mills)New York Court of Appeals · 1941
  4. Doehler v. Real Estate Board of New York Building Co.New York Supreme Court · 1934
  5. Colorado Springs Co. v. American Pub. Co.Court of Appeals for the Eighth Circuit · 1899

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

3Cited by6 opinions

  1. Texaco, Inc. v. Pennzoil, Co., Texas Court of Appeals, 1st District (Houston)1987
  2. Cross Properties, Inc. v. Brook Realty Co.Appellate Division of the Supreme Court of the State of New York · 1980
  3. Cushman & Wakefield, Inc. v. Dollar Land Corp.New York Court of Appeals · 1975
  4. In Re JonesUnited States Bankruptcy Court, M.D. Florida · 1992
  5. Irving Bank Corp. v. Bank of New York Co.New York Supreme Court · 1988

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

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