Legal Opinion
Brodsky v. Lehigh Valley Industries, Inc.
District Court, E.D. Michigan
Decided December 21, 1976No. Civ. A. No. 76-71176PublishedCited by 1 opinion
1Opinion of the Court
OPINION AND ORDER DENYING DEFENDANT’S MOTION TO DISMISS
CORNELIA G. KENNEDY, District Judge.
The plaintiff, HARRY N. BRODSKY, filed this action against defendant, LE-HIGH VALLEY INDUSTRIES, INC., guarantor on certain convertible subordinated debenture bonds issued by a wholly owned subsidiary of defendant. The plaintiff alleges that the primary obligor, Riverside Manufacturing, Inc. (Riverside), has failed and refuses to pay interest in the amount of $33,147 accrued and due as of June 1, 1976, and that the defendant is an absolute guarantor of the periodic interest payments. The relief…
2Cases cited4 opinions
- Provident Tradesmens Bank & Trust Co. v. PattersonSupreme Court of the United States · 1968
- Bosman v. AkeleyMichigan Supreme Court · 1878
- Ives v. WilliamsSupreme Court of Virginia · 1925
- Rider v. CoyneMichigan Supreme Court · 1929
3Cited by1 opinion
- Perry Drug Stores v. NP Holding Corp.Court of Appeals for the Sixth Circuit · 2007