Madison Fund, Inc. v. Charter Co.
District Court, S.D. New York
1Opinion of the Court
OPINION
CONNER, District Judge.
On June 12,1969, plaintiff Madison Fund, Inc., (Madison) and defendant The Charter Company (Charter) consummated a private-placement agreement for the purchase/sale of- unregistered Charter common stock. By unhappy irony, the fourth anniversary of that event was immediately followed by Madison’s institution of this action for breach of contract and common-law fraud. 1
The history of the parties’ contractual relations, their corporate honeymoon in Nassau, the Bahamas, and the proverbially swift disillusionment that followed, was the subject of a five-day trial…
2Cases cited19 opinions
- Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
- Bigelow v. RKO Radio Pictures, Inc.Supreme Court of the United States · 1946
- A. S. Rampell, Inc. v. Hyster Co.New York Court of Appeals · 1957
- Jacksonville Terminal Company v. Railway Express Agency, IncorporatedCourt of Appeals for the Fifth Circuit · 1962
- Frank Lowell v. Twin Disc, IncorporatedCourt of Appeals for the Second Circuit · 1975
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3Cited by32 opinions
- Duncan v. Theratx, Inc.Supreme Court of Delaware · 2001
- SIGA Technologies, Inc. v. Pharmathene, Inc.Supreme Court of Delaware · 2015
- American General Corp. v. Continental Airlines Corp.Court of Chancery of Delaware · 1992
- Comrie v. Enterasys Networks, Inc.Court of Chancery of Delaware · 2003
- Coca-Cola Bottling Co. of Elizabethtown, Inc. v. Coca-Cola Co.District Court, D. Delaware · 1988
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