Legal Opinion

White Ex Rel. Banes Co. Derivative Action v. Banes Co. Ex Rel. Estate of Jolly

New Mexico Supreme Court

Decided December 14, 1993No. 20984PublishedCited by 12 opinions

1Opinion of the Court

OPINION

FRANCHINI, Justice.

Joe White appeals from a partial summary judgment entered in favor of defendants on a shareholder’s derivative action and a judgment for specific performance in favor of defendants on their counterclaim. Specifically, the trial court ordered White to tender his shares of stock to defendant Banes Company (Banes) for purchase at a price of $17.87 per share or a total of $67,441.38. The trial court awarded defendants their costs and attorney’s fees in the amount of $60,894.79 and offset this sum against the purchase price of the stock. We affirm the judgment of the…

2Cases cited13 opinions

  1. Cohen v. Beneficial Industrial Loan Corp.Supreme Court of the United States · 1949
  2. Koster v. (American) Lumbermens Mutual Casualty Co.Supreme Court of the United States · 1947
  3. Joseph B. KAUFFMAN Et Al. v. the DREYFUS FUND, INC., Et Al., Investors Diversified Services, Inc., Et Al., AppellantsCourt of Appeals for the Third Circuit · 1970
  4. Duke City Lumber Co. v. New Mexico Environmental Improvement BoardNew Mexico Supreme Court · 1984
  5. Jackson National Life Insurance v. RececoniNew Mexico Supreme Court · 1992

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

3Cited by12 opinions

  1. Bass v. Walker, Texas Court of Appeals, 14th District (Houston)2003
  2. Mueller v. ZimmerWyoming Supreme Court · 2005
  3. Federal Deposit Insurance Corporation v. Bernard SchuchmannCourt of Appeals for the First Circuit · 2000
  4. Hill v. Vanderbilt Capital Advisors, LLCDistrict Court, D. New Mexico · 2011
  5. Federal Deposit Insurance v. SchuchmannCourt of Appeals for the Tenth Circuit · 2000

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

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