Legal Opinion

Levey v. Saphier

New York Supreme Court

Decided June 26, 1975PublishedCited by 15 opinions

1Opinion of the CourtBertram Harnett, J.

The falling out of partners and costockholders in closely held business enterprises can have the bitter personal elements of matrimonial litigation. When it is finally agreed that one shall leave the business, and the other shall stay, we have a form of corporate divorce where the termination arrangements often take on the aura of property settlements. So it is here, with the principals of Dynaport Electronics, Inc. (a Delaware corporation), now enmeshed in deep disputation over their settlement agreement. There is even added an element of corporate custody.

This controversy involves a sale,…

2Cases cited10 opinions

  1. Intercontinental Planning, Ltd. v. Daystrom Inc.New York Court of Appeals · 1969
  2. Karpinski v. IngrasciNew York Court of Appeals · 1971
  3. Allen v. Biltmore Tissue Corp.New York Court of Appeals · 1957
  4. Haag v. BarnesNew York Court of Appeals · 1961
  5. Penthouse Properties, Inc. v. 1158 Fifth Avenue, Inc.Appellate Division of the Supreme Court of the State of New York · 1939

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

3Cited by15 opinions

  1. Schron v. Troutman Sanders LLPNew York Court of Appeals · 2013
  2. Steranko v. Inforex, Inc.Massachusetts Appeals Court · 1977
  3. Skandia America Reinsurance Corp. v. SchenckDistrict Court, S.D. New York · 1977
  4. Dynamics Corp. of America v. International Harvester Co.District Court, S.D. New York · 1977
  5. LaBeach v. Beatrice Foods Co.District Court, S.D. New York · 1978

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

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