Irene Jacobs and Gabriel Galef v. Joe A. Adams
Court of Appeals for the Fifth Circuit
1Opinion of the Court
JAMES C. HILL, Circuit Judge:
The inquiry in this case is whether the district court properly dismissed this shareholders’ derivative suit on the grounds that the plaintiffs-executors lacked capacity to bring the action under Florida law and that the plaintiffs’ failure to make a demand on the stockholders to bring the action, or to state the reasons for their failure to make such a demand, is a bar to the derivative suit. We conclude that the suit was erroneously dismissed and reverse and remand for proceedings not inconsistent with this opinion.
Irene Jacobs and Gabriel Galef are the…
2Cases cited15 opinions
- Dudley Warren Schilling, Cross v. J. A. Belcher, Sr., Cross Dudley Warren Schilling v. J. A. Belcher, Sr.Court of Appeals for the Fifth Circuit · 1978
- Orlando Orange Groves Co. v. HaleSupreme Court of Florida · 1935
- Everett v. PhillipsNew York Court of Appeals · 1942
- G. A. Enterprises, Inc. v. Leisure Living Communities, Inc.Court of Appeals for the First Circuit · 1975
- Fed. Sec. L. Rep. P 94,345 Anita B. Brody v. Chemical Bank, and Pennsylvania CompanyCourt of Appeals for the Second Circuit · 1973
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3Cited by12 opinions
- Fed. Sec. L. Rep. P 97,192 Alabama Farm Bureau Mutual Casualty Company, Inc., Etc. v. American Fidelity Life Insurance Company, Etc.Court of Appeals for the Fifth Circuit · 1980
- Reyno v. Piper Aircraft Co.Court of Appeals for the Third Circuit · 1980
- Allright Missouri, Inc. v. BilleterCourt of Appeals for the Eighth Circuit · 1987
- Museum Boutique Intercontinental, Ltd. v. PicassoDistrict Court, S.D. New York · 1995
- Denise Schippers v. United StatesCourt of Appeals for the Eleventh Circuit · 2013
7 more not listed; retrieve them via the Exa API.