Levy v. Pacific Eastern Corp.
New York Supreme Court
1Opinion of the CourtHofstadter, J.
This is a motion to dismiss the complaint, in a derivative stockholders’ action, pursuant to rule 106 of the Rules of Civil Practice, on the grounds that the court has no jurisdiction *489of the subject of the action; that the complaint does not state facts sufficient to constitute a cause of action, and that the plaintiffs have no legal capacity to sue.
According to the complaint the plaintiffs, residents of New York, are stockholders of the Pacific Eastern Corporation, a Delaware corporation, formerly known as Goldman Sachs Trading Corporation; that corporation is authorized to do business in…
2Cases cited16 opinions
- Rogers v. Guaranty Trust Co.Supreme Court of the United States · 1933
- Sage v. . CulverNew York Court of Appeals · 1895
- Kavanaugh v. . Kavanaugh Knitting Co.New York Court of Appeals · 1919
- Doctor v. HarringtonSupreme Court of the United States · 1905
- Babcock v. FarwellIllinois Supreme Court · 1910
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3Cited by9 opinions
- Goldberg v. MeridorCourt of Appeals for the Second Circuit · 1977
- Broida v. BancroftAppellate Division of the Supreme Court of the State of New York · 1984
- Blaustein v. Pan American Petroleum & Transport Co.New York Supreme Court · 1940
- Levy v. Pacific Eastern Corp.New York Supreme Court · 1935
- Van Schaick v. AronNew York Supreme Court · 1938
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