Legal Opinion
Rosengarten v. Buckley
District Court, D. Maryland
Decided February 23, 1982No. HM80-2935PublishedCited by 5 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
HERBERT F. MURRAY, District Judge.
This is a stockholder’s derivative suit in which the plaintiff claims that McCormick & Company, Inc. was injured by the purchase of 4.8% of its non-voting common stock from Sandoz, Ltd. Specifically, it is claimed that the Board of Directors of McCormick, in order to preserve their positions within the corporation hierarchy, caused the corporation to make this purchase from Sandoz as part of an agreement under which Sandoz agreed to refrain from making further attempts to gain control of McCormick. Sandoz had purchased the stock in 1979,…
2Cases cited19 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- Cohen v. Beneficial Industrial Loan Corp.Supreme Court of the United States · 1949
- Fed. Sec. L. Rep. P 93,590 David Segal v. Lawrence Gordon, and Coburn Corporation of AmericaCourt of Appeals for the Second Circuit · 1972
- Julius Nagler v. Admiral CorporationCourt of Appeals for the Second Circuit · 1957
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3Cited by5 opinions
- Rosengarten v. BuckleyDistrict Court, D. Maryland · 1985
- Martin v. Pepsi-Cola Bottling Co.District Court, D. Maryland · 1986
- May v. Baker (In Re Baker)United States Bankruptcy Court, D. Nevada · 1986
- Jordan v. Washington Mutual BankDistrict Court, D. Maryland · 2002
- United States v. AzraelDistrict Court, D. Maryland · 1991