Legal Opinion

Samjens Partners I v. Burlington Industries, Inc.

District Court, S.D. New York

Decided June 22, 1987No. 87 Civ. 3721 (SWK)PublishedCited by 15 opinions

1Opinion of the Court

MEMORANDUM OPINION AND ORDER

KRAM, District Judge.

Plaintiff Samjens Partners I (“Samjens”) is a partnership which as of May 5, 1987 owned approximately 13 percent of Burlington’s outstanding common stock. Plaintiff Samjens Acquisitions Corporation is a wholly owned subsidiary of Samjens. On May 6, 1987, Samjens commenced a tender offer for all shares of Burlington Industries, Inc. common stock at $67 per share. Subsequently, Samjens has raised its offer twice: to $72 and then $77 per share.

Defendant Burlington is a textile manufacturer incorporated in Delaware. Defendants BI/MS Holdings, Inc.…

2Cases cited7 opinions

  1. TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
  2. Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc.Supreme Court of Delaware · 1986
  3. Unocal Corp. v. Mesa Petroleum Co.Supreme Court of Delaware · 1985
  4. Jack Kahn Music Co., Inc. v. Baldwin Piano & Organ CompanyCourt of Appeals for the Second Circuit · 1979
  5. Zion v. KurtzNew York Court of Appeals · 1980

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

3Cited by15 opinions

  1. Unitrin, Inc. v. American General Corp.Supreme Court of Delaware · 1995
  2. Official Committee of Subordinated Bondholders v. Integrated Resources, Inc. (In Re Integrated Resources, Inc.)District Court, S.D. New York · 1992
  3. Cottle v. Storer Communication, Inc.Court of Appeals for the Eleventh Circuit · 1988
  4. In Re Integrated Resources, Inc.United States Bankruptcy Court, S.D. New York · 1992
  5. In Re 995 Fifth Avenue Associates, L.P.United States Bankruptcy Court, S.D. New York · 1989

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