Legal Opinion
In re Beck Industries, Inc.
District Court, S.D. New York
Decided September 26, 1972No. 71 B. 523PublishedCited by 1 opinion
1Opinion of the Court
MEMORANDUM
CANNELLA, District Judge.
The referee’s order enjoining the respondents from proceeding with an action pending in Maryland, in which the respondents are plaintiffs and Webster Clothes, Inc., a wholly owned subsidiary of the debtor, is defendant, is affirmed.
In 1969 the debtor entered into negotiations with the stockholders of Webster Clothes, Inc. [hereinafter Webster (Md.)] for the purpose of acquiring the stock of that company. In order for these stockholders to secure the benefits of a tax free reorganization, a Delaware corporation, Beck Webster, Inc., was formed on April 25,…
2Cases cited6 opinions
- Pepper v. LittonSupreme Court of the United States · 1939
- Anderson v. AbbottSupreme Court of the United States · 1944
- Callaway v. BentonSupreme Court of the United States · 1949
- In Re CollierDistrict Court, S.D. New York · 1933
- In re Federal Biscuit Co.Court of Appeals for the Second Circuit · 1913
1 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- McGinnis Lumber Co., Inc. v. BelserDistrict Court, D. South Carolina · 1974