Legal Opinion

Canale v. Yegen

District Court, D. New Jersey

Decided February 7, 1992No. Civ. 90-2409 (HLS)PublishedCited by 23 opinions

1Opinion of the Court

OPINION

SAROKIN, District Judge.

Before the court is defendants’ motion for summary judgment dismissing all claims.

Background

This case arises out of the participation of plaintiff Frank S. Canale (“Canale”) in an Employee Stock Ownership Plan (“the Plan”) maintained by defendant Yegen Holdings Corporation (“Holdings”). Individual defendants Christian C. Yegen (“Ye-gen”) and Jason Semel (“Semel”) were officers and directors of Holdings and trustees and fiduciaries of the Plan.

The Plan was established in September, 1976 by Yegen Associates (“Associates”), a subsidiary of Holdings, and sponsorship…

2Cases cited19 opinions

  1. Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
  2. American Pipe & Construction Co. v. UtahSupreme Court of the United States · 1974
  3. Wisniewski v. Johns-Manville Corp.Court of Appeals for the Third Circuit · 1987
  4. Abraham WELDON, Appellant, v. KRAFT, INC.Court of Appeals for the Third Circuit · 1990
  5. William J. Kross v. Western Electric Company, Inc.Court of Appeals for the Seventh Circuit · 1983

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

3Cited by23 opinions

  1. Moench v. RobertsonCourt of Appeals for the Third Circuit · 1995
  2. Martin v. FeilenCourt of Appeals for the Eighth Circuit · 1992
  3. In Re Enron Corp. Securities, Derivative & ERISADistrict Court, S.D. Texas · 2003
  4. NJSR Surgical Center, L.L.C. v. Horizon Blue Cross Blue Shield of New Jersey, Inc.District Court, D. New Jersey · 2013
  5. Brown v. Continental Baking Co.District Court, E.D. Pennsylvania · 1995

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

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