Legal Opinion
Katz v. Aspinwall
District Court, N.D. Alabama
Decided September 1, 1971No. Civ. A. 64-612PublishedCited by 3 opinions
1Opinion of the Court
ORDER ON MOTIONS FOR SUMMARY JUDGMENT
GROOMS, District Judge.
This is a derivative action brought by the plaintiff for the benefit of the United Security Life Insurance Company (USLIC) and in behalf of himself and all other stockholders of USLIC similarly situated.
The defendants have filed motions for summary judgment. The basis of these motions is that USLIC has been judicially dissolved since the institution of this suit and that on account thereof USLIC no longer has any claim or cause of action which the plaintiff herein or any other shareholder can maintain against the defendants.
Pursuant…
2Cases cited16 opinions
- Havemeyer v. Superior CourtCalifornia Supreme Court · 1890
- National Bank v. ColbySupreme Court of the United States · 1875
- Nelson v. HubbardSupreme Court of Alabama · 1892
- Hutchinson v. Fidelity Inv. Ass'nCourt of Appeals for the Fourth Circuit · 1939
- Pelelas v. Caterpillar Tractor Co.Court of Appeals for the Seventh Circuit · 1940
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3Cited by3 opinions
- Pfahler v. National Latex Co.District Court, N.D. Ohio · 2005
- Aaron Katz, on Behalf of Himself and All Other Persons Similarly Situated v. Nolan C. AspinwellCourt of Appeals for the Fifth Circuit · 1972
- Katz v. AspinwellCourt of Appeals for the Fifth Circuit · 1972