Legal Opinion
Samuel Peltz v. Shb Commodities, Inc., Isaac Mayer, Solomon Mayer, and Bezalel Mayer
Court of Appeals for the Second Circuit
Decided May 15, 1997No. 96-7401PublishedCited by 51 opinions
1Opinion of the Court
McLAUGHLIN, Circuit Judge:
BACKGROUND
A. The Players
Samuel Peltz is an investor in commodities. Commodities, unlike stocks, comprise various items such as agricultural products, metals or energy. Investors purchase commodities “contracts,” which represent a specific amount of the commodity. One of the principal markets where investors trade commodities contracts is the Commodities Exchange (“COMEX”) in New York.
SHB Commodities, Inc. is a registered “futures commission merchant” (“FCM”), a firm authorized to deal on the COMEX. It is owned by defendants Solomon (“Shlomo”) and Bezalel (“Buzzy”)…
2Cases cited8 opinions
- Copperweld Corp. v. Independence Tube Corp.Supreme Court of the United States · 1984
- Pinter v. DahlSupreme Court of the United States · 1988
- Perma Life Mufflers, Inc. v. International Parts Corp.Supreme Court of the United States · 1968
- Bateman Eichler, Hill Richards, Inc. v. BernerSupreme Court of the United States · 1985
- Demarco v. EdensCourt of Appeals for the Second Circuit · 1968
3 more not listed; retrieve them via the Exa API.
3Cited by51 opinions
- Crigger v. Fahnestock & Co.Court of Appeals for the Second Circuit · 2006
- Rogers v. McDormanCourt of Appeals for the Fifth Circuit · 2008
- The Honorable Karen Weldin Stewart, CIR-ML, Insurance Commissioner v. Wilmington Trust SP Services, Inc.Court of Chancery of Delaware · 2015
- HIGHLAND CAPITAL MANAGEMENT LP v. SchneiderCourt of Appeals for the Second Circuit · 2010
- National Gear & Piston, Inc. v. Cummins Power Systems, LLCDistrict Court, S.D. New York · 2012
46 more not listed; retrieve them via the Exa API.