Legal Opinion
Northern Acceptance Trust 1065 ex rel. Handy v. Amfac, Inc.
District Court, D. Hawaii
Decided March 19, 1973No. Civ. No. 70-3107PublishedCited by 4 opinions
1Opinion of the Court
DECISION OF CHALLENGE TO THE VALIDITY OF EASTMAN DILLON’S APPRAISALS
PENCE, Chief Judge.
As appears hereafter, this latest suit challenges the validity of appraisals of stock value of Lihue Plantation Company, Ltd. (Lihue), Puna Sugar Co., Ltd. (Puna), and Kekaha Sugar Co., Ltd. (Kekaha) (collectively referred to as the “Plantations”).
A review of the facts here relevant shows that in July 1968, defendant Dean Witter & Co. performed an appraisal which established a stock exchange share ratio1 for a proposed merger of each of the Plantations into defendant Amfac, Inc.2 Subsequently, the Boards *119of…
2Cases cited22 opinions
- Standard Oil Co. of NJ v. Southern Pacific Co.Supreme Court of the United States · 1925
- Sterling v. Mayflower Hotel Corp.Supreme Court of Delaware · 1952
- Palmer v. Connecticut Railway & Lighting Co.Supreme Court of the United States · 1941
- Tri-Continental Corporation v. BattyeSupreme Court of Delaware · 1950
- Flarsheim v. Twenty Five Thirty Two Broadway Corp.Supreme Court of Missouri · 1968
17 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- Boone v. Carlsbad Bancorporation, Inc.Court of Appeals for the Tenth Circuit · 1992
- Boone v. Carlsbad BancorporationCourt of Appeals for the Tenth Circuit · 1992
- Pittsburgh Terminal Corp. v. Baltimore & Ohio RailroadCourt of Appeals for the Sixth Circuit · 1989
- Pittsburgh Terminal Corporation v. Baltimore And Ohio RailroadCourt of Appeals for the Sixth Circuit · 1989