Legal Opinion
Aubrey Kaufman v. Diversified Industries, Inc.
Court of Appeals for the Second Circuit
Decided May 22, 1972No. 669, Docket 71-1859PublishedCited by 22 opinions
1Opinion of the Court
IRVING R. KAUFMAN, Circuit Judge:
In the main, this appeal presents a narrow and highly technical question of contract damages. The law of damages, however, does not lend itself to easy application or simplistic formulations, as our discussion will reveal, and an exposition of the complexities in this difficult case does not make for light reading.
In May 1968, Aubrey Kaufman and the five other shareholders of Datatron Processing, Inc. (“Datatron”) sold their Datatron shares to Diversified Industries, Inc. 1 (“Diversified”) in exchange for Diversified shares, some to be delivered immediately,…
2Cases cited5 opinions
- Richard v. American Union BankNew York Court of Appeals · 1930
- Gelb v. Zimet Bros.New York Supreme Court · 1962
- German v. SnedekerAppellate Division of the Supreme Court of the State of New York · 1939
- German v. SnedekerNew York Court of Appeals · 1939
- In re New York, N. H. & H. R.District Court, D. Connecticut · 1945
3Cited by22 opinions
- American General Corp. v. Continental Airlines Corp.Court of Chancery of Delaware · 1992
- Madison Fund, Inc. v. Charter Co.District Court, S.D. New York · 1977
- Rare Earth, Inc. v. HoorelbekeDistrict Court, S.D. New York · 1975
- Lindon v. Dalton Hotel Corp.District Court of Appeal of Florida · 2010
- Matthysse v. Securities Processing Services, Inc.District Court, S.D. New York · 1977
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