Legal Opinion

Cox Enterprises, Inc. v. News-Journal Corporation

Court of Appeals for the Eleventh Circuit

Decided July 22, 2015No. 14-14115PublishedCited by 34 opinions

1Opinion of the Court

HIGGINBOTHAM, Circuit Judge:

This litigation has a long history in the Eleventh Circuit. In, this latest chapter Cox Enterprises and Pension Benefit Guaranty Corporation (PBGC) do battle for what remains of the now-defunct newspaper publisher News-Journal Corporation (NJC). This case arises at the intersection of Florida’s election-to-purchase statute 1 and its distributions-to-shareholders statute. 2 The election-to-purchase statute affords a corporation faced with a derivative suit the option to purchase the shares of the complaining shareholder in order to cause dismissal of the suit. The…

2Cases cited18 opinions

  1. Griffin v. Oceanic Contractors, Inc.Supreme Court of the United States · 1982
  2. Forsythe v. Longboat Key Beach ErosionSupreme Court of Florida · 1992
  3. Parts and Electric Motors, Inc., an Illinois Corporation v. Sterling Electric, Inc., a Delaware CorporationCourt of Appeals for the Seventh Circuit · 1989
  4. Bernard Litman v. Massachusetts Mutual Life Insurance CompanyCourt of Appeals for the Eleventh Circuit · 1987
  5. Jenkins Brick Company, Plaintiff-Counter-Defendant-Appellant v. John E. Bremer, Defendant-Counter-Claimant-Appellee, Aaa Spec Block, Inc.Court of Appeals for the Eleventh Circuit · 2003

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3Cited by34 opinions

  1. Winn-Dixie Stores, Inc. v. Dolgencorp, LLCCourt of Appeals for the Eleventh Circuit · 2018
  2. Cambridge University Press v. J.L. AlbertCourt of Appeals for the Eleventh Circuit · 2018
  3. CSX Transportation, Inc. v. Alabama Department of RevenueCourt of Appeals for the Eleventh Circuit · 2018
  4. Acrylicon USA, LLC v. Silikal GMBHCourt of Appeals for the Eleventh Circuit · 2022
  5. Johnston v. Aetna Life Ins. Co.District Court, S.D. Florida · 2017

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