Legal Opinion

Miller v. Schreyer

Appellate Division of the Supreme Court of the State of New York

Decided January 20, 1994PublishedCited by 7 opinions

1Opinion of the Court

—Order of the Supreme Court, New York County (Carol Arber, J.), entered November 5, 1992, which denied defendants’ motion to dismiss the complaint, unanimously affirmed, without costs.

This action was brought derivatively on behalf of Merrill Lynch & Co., Inc., the beneficiary of the action, to recover for damage sustained by the corporation as a result of defendants’ alleged abdication of their responsibilities as corporate directors. The complaint asserts that a breach of fiduciary duty by the directors facilitated the perpetration of a $900-million illegal securities "parking scheme” with a…

2Cases cited6 opinions

  1. Aronson v. LewisSupreme Court of Delaware · 1984
  2. Levine v. SmithSupreme Court of Delaware · 1991
  3. Barr v. WackmanNew York Court of Appeals · 1975
  4. Hart v. General Motors Corp.Appellate Division of the Supreme Court of the State of New York · 1987
  5. Curreri v. VerniAppellate Division of the Supreme Court of the State of New York · 1989

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

3Cited by7 opinions

  1. Richbell Information Services, Inc. v. Jupiter Partners, L.P.Appellate Division of the Supreme Court of the State of New York · 2003
  2. Marx v. AkersNew York Court of Appeals · 1996
  3. In Re Baxter International, Inc. Shareholders LitigationCourt of Chancery of Delaware · 1995
  4. In re Oxford Health Plans, Inc.District Court, S.D. New York · 2000
  5. Wilson v. TullyAppellate Division of the Supreme Court of the State of New York · 1998

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

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