Legal Opinion

In re Medical Action Industries Inc. Shareholders Litigation

New York Supreme Court

Decided February 25, 2015PublishedCited by 1 opinion

1Opinion of the Court

OPINION OF THE COURT

Emily Pines, J.

Following a stipulation entered into between the two individual plaintiffs and the defendants in this litigation, originally commenced as a putative class action based upon a now completed merger, and predicated upon a sale of defendant Medical Action Industries Inc. to defendant Owens & Minor, Inc., plaintiffs’ counsel have submitted an application for what they term reasonable attorneys’ fees in connection with the asserted substantial benefit they achieved for the Medical Action public shareholders as a result of their actions in causing valuable…

2Cases cited18 opinions

  1. TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
  2. Mills v. Electric Auto-Lite Co.Supreme Court of the United States · 1970
  3. Greenfield v. Philles Records, Inc.New York Court of Appeals · 2002
  4. Rosenblatt v. Getty Oil Co.Supreme Court of Delaware · 1985
  5. A. G. Ship Maintenance Corp. v. LezakNew York Court of Appeals · 1986

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3Cited by1 opinion

  1. Sardis v. SardisNew York Supreme Court · 2017

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