Legal Opinion
Umbriac v. Kaiser
District Court, D. Nevada
Decided March 27, 1979No. Civ. R-77-0071 BRTPublishedCited by 12 opinions
1Opinion of the Court
ORDER
BRUCE R. THOMPSON, District Judge.
This suit for damages and injunctive relief arises out of the adoption by the shareholders of Kaiser Industries Corporation (“KIC”) of a plan of liquidation. The plaintiffs concede and the undisputed facts show that the liquidation plan, as adopted and implemented, has benefited KIC stockholders, nearly doubling the value of their holdings. 1 However, the plaintiffs contend that even more favorable results could have been accomplished had an alternative plan of liquidation been pursued. The Second Amended Complaint couches this contention in terms of an…
2Cases cited32 opinions
- United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Mills v. Electric Auto-Lite Co.Supreme Court of the United States · 1970
- Santa Fe Industries, Inc. v. GreenSupreme Court of the United States · 1977
- Bigelow v. RKO Radio Pictures, Inc.Supreme Court of the United States · 1946
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3Cited by12 opinions
- Behrens v. Wometco Enterprises, Inc.District Court, S.D. Florida · 1988
- DISTRICT 65, UAW v. Harper & Row, Publishers, Inc.District Court, S.D. New York · 1983
- Bertoglio v. Texas International Co.District Court, D. Delaware · 1980
- Halpern v. ArmstrongDistrict Court, S.D. New York · 1980
- Kahn v. WienDistrict Court, E.D. New York · 1994
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