Legal Opinion

Allen v. Penn Central Company

District Court, E.D. Pennsylvania

Decided November 21, 1972No. Civ. A. 72-1678PublishedCited by 12 opinions

1Opinion of the Court

OPINION

JOSEPH S. LORD, III, Chief Judge.

Plaintiff, a shareholder and since August 24, 1972 a director of the Penn Central Company (“the Company”), brings this action on his own behalf and as a representative of a class as defined by F.R.Civ.P. 23. The proposed class consists of all holders of the Company’s common stock on July 7, 1972, the date of record for voting at the Annual Meeting of August 24. The Company and its Directors are defendants.

On July 17, 1972, the Board of Directors solicited proxies for approval of a Plan of Refinancing (“the New Plan”) designed to satisfy a debt of which…

2Cases cited15 opinions

  1. United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
  2. Mills v. Electric Auto-Lite Co.Supreme Court of the United States · 1970
  3. Kohn v. American Metal Climax, Inc.Court of Appeals for the Third Circuit · 1972
  4. General Time Corp. v. Talley Industries, Inc.Court of Appeals for the Second Circuit · 1968
  5. Borg v. International Silver Co.Court of Appeals for the Second Circuit · 1925

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

3Cited by12 opinions

  1. Kennecott Copper Corporation v. Curtiss-Wright CorporationCourt of Appeals for the Second Circuit · 1978
  2. Kennecott Copper Corp. v. Curtiss-Wright Corp.District Court, S.D. New York · 1978
  3. Rubenstein v. IU International Corp.District Court, E.D. Pennsylvania · 1980
  4. Umbriac v. KaiserDistrict Court, D. Nevada · 1979
  5. Gans v. Filmways, Inc.District Court, E.D. Pennsylvania · 1978

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

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