Legal Opinion
Lutz v. Boas
Court of Chancery of Delaware
Decided November 10, 1961PublishedCited by 9 opinions
1Opinion of the Court
Seitz, Chancellor:
This is my decision based on developments subsequent to my opinion of May 25, 1961 in Lutz v. Boas, 39 Del.Ch. 585, 171 A.2d 381. It will be necessary to read that opinion in order to understand the present one. I held Model liable for its profits on Funds’ brokerage commissions because it violated the Investment Company Act of 1940, 15 U.S.C.A. § 80a-1 et seq. The amount of such liability has since been ascertained to be $841,335.47. I also held, under general equitable principles, that Model had a liability in connection with the management fees paid by Funds to…
2Cases cited9 opinions
- Parker v. RodgersSuperior Court of Pennsylvania · 1936
- Wold v. GrozalskyNew York Court of Appeals · 1938
- Lutz v. BoasCourt of Chancery of Delaware · 1961
- Connell v. Delaware Aircraft Industries, Inc.Superior Court of Delaware · 1947
- Deuscher v. CammeranoNew York Court of Appeals · 1931
4 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- McLean v. AlexanderDistrict Court, D. Delaware · 1978
- Clark v. BrooksSuperior Court of Delaware · 1977
- Hood v. McConemyDistrict Court, D. Delaware · 1971
- Chilcote v. Von Der Ahe Van LinesCourt of Appeals of Maryland · 1984
- Short Line, Inc. of Penn. v. PerezSupreme Court of Delaware · 1968
4 more not listed; retrieve them via the Exa API.