Legal Opinion

Blumenthal v. Teets

Court of Appeals of Arizona

Decided September 24, 1987No. 1 CA-CIV 8894PublishedCited by 11 opinions

1Opinion of the Court

OPINION

SHELLEY, Presiding Judge.

Plaintiff Jerome S. Blumenthal filed a derivative complaint against the corporate defendants, some of their directors, and some of their officers and employees. No pre-suit demand was made. He attempted to allege gross negligence in the supervision and approval of two loans made by Greyhound Leasing and Financial Corporation to a person named Sheldon Player. The trial court dismissed the suit, holding that the plaintiff failed to comply with the requirements of Rule 23.1, Arizona Rules of Civil Procedure, which provides that a shareholder may not file a…

2Cases cited9 opinions

  1. Aronson v. LewisSupreme Court of Delaware · 1984
  2. Lewis v. CurtisCourt of Appeals for the Third Circuit · 1982
  3. Lewis v. GravesCourt of Appeals for the Second Circuit · 1983
  4. Fed. Sec. L. Rep. P 96,297 Charles Heit v. Walter S. BairdCourt of Appeals for the First Circuit · 1977
  5. Ellis v. Valley National BankCourt of Appeals of Arizona · 1980

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

3Cited by11 opinions

  1. Cox Arizona Publications v. CollinsArizona Supreme Court · 1993
  2. Cox Arizona Publications, Inc. v. CollinsArizona Supreme Court · 1993
  3. Bass v. Walker, Texas Court of Appeals, 14th District (Houston)2003
  4. United Dairymen of Arizona v. SchuggCourt of Appeals of Arizona · 2006
  5. Resolution Trust Corp. v. DeanDistrict Court, D. Arizona · 1994

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

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