Penn-Ohio Steel Corp. v. Allis-Chalmers Manufacturing Co.
Appellate Division of the Supreme Court of the State of New York
1Opinion of the CourtM. M. Frank, J.
Special Term held the complaint herein to be insufficient and granted the motion to dismiss with leave to replead.
In 1948, according to the complaint, the plaintiffs and the defendant entered into an agreement which provided, in part, for the purchase by the latter of a substantial amount of the corporate plaintiff’s preferred stock and a specified quantity of *443steel ingots. In 1949, negotiations to terminate the agreement, conducted in good faith and at “ arm’s-length ”, resulted in a settlement and a new agreement. In 1954 and 1955, the Internal Revenue Service, in connection with its audit…
2Cases cited6 opinions
- Andrew J. Aikens v. State of WisconsinSupreme Court of the United States · 1904
- Ruza v. RuzaAppellate Division of the Supreme Court of the State of New York · 1955
- Rager v. McCloskeyNew York Court of Appeals · 1953
- Al Raschid v. News Syndicate Co.New York Court of Appeals · 1934
- Gale v. RyanAppellate Division of the Supreme Court of the State of New York · 1941
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3Cited by26 opinions
- Highlands Insurance Company v. National Union Fire Insurance Company of PittsburghCourt of Appeals for the Fifth Circuit · 1994
- Cubby, Inc. v. CompuServe Inc.District Court, S.D. New York · 1991
- Doe v. RoeNew York Supreme Court · 1977
- Brignoli v. Balch Hardy and Scheinman, Inc.District Court, S.D. New York · 1986
- Donahue v. Pendleton Woolen Mills, Inc.District Court, S.D. New York · 1986
21 more not listed; retrieve them via the Exa API.