Legal Opinion

Allen v. West Point-Pepperell, Inc.

District Court, S.D. New York

Decided November 2, 1995No. 90 Civ. 3841 (SAS)PublishedCited by 15 opinions

1Opinion of the Court

OPINION AND ORDER

SCHEINDLIN, District Judge.

Nine former executives of Cluett Peabody & Co. (“Cluett”) bring this diversity action against West Point-Pepperell, Inc. (“West Point”), of which Cluett was once a subsidiary and division. Plaintiffs contend that West Point, in the face of a hostile takeover attempt, reduced the lump sum payments of deferred compensation due Plaintiffs under an employee benefit plan by wrongfully changing the discount rate applicable to those payments. Plaintiffs seek damages for breach of contract and fiduciary duty for West Point’s failure to pay Plaintiffs their…

2Cases cited42 opinions

  1. Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
  2. Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
  3. Adickes v. S. H. Kress & Co.Supreme Court of the United States · 1970
  4. West v. American Telephone & Telegraph Co.Supreme Court of the United States · 1940
  5. Curtiss-Wright Corp. v. SchoonejongenSupreme Court of the United States · 1995

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3Cited by15 opinions

  1. Krumme v. Westpoint Stevens Inc.Court of Appeals for the Second Circuit · 1998
  2. Beckman v. United States Postal ServiceDistrict Court, S.D. New York · 2000
  3. Ballow Brasted O'Brien & Rusin P.C. v. Gary Logan, Docket No. 04-4925-CvCourt of Appeals for the Second Circuit · 2006
  4. 22 Employee Benefits Cas. 1208, Pens. Plan Guide (Cch) P 23942y Robert D. Krumme, Gordon E. Allen John Currier Nicholas Pallotta James J. Dunne Leo Fornero Gerard P. Mandry Norman K. Matheson Cochran P. Supplee and Bruce E. Moore v. Westpoint Stevens Inc., Formerly Known as West Point-Pepperell, Inc., Defendant-Appellant-Cross-Appellee, C. Powers Dorsett and D. Michael Roark, Defendants-Cross-AppelleesCourt of Appeals for the Second Circuit · 1998
  5. Allen v. WestPoint-Pepperell, Inc.District Court, S.D. New York · 1996

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