Legal Opinion
Gerald Clark v. Lomas & Nettleton Financial Corporation
Court of Appeals for the Fifth Circuit
Decided August 28, 1980No. 78-2973PublishedCited by 32 opinions
1Opinion of the Court
JAMES C. HILL, Circuit Judge:
NCS Computer Corp. [NCS], a Texas corporation, was formed in 1968 to develop and market computer software. The following year, Lomas & Nettleton Financial Corp. [LNFC] allegedly acquired “control” of NCS by inducing it to issue shares in consideration of a service contract that, it is alleged, LNFC never intended to perform. Once in “control,” LNFC allegedly set about to “dismantle” NCS, installing its own slate of directors who allegedly permitted LNFC to dishonor its contract with NCS while LNFC developed internal data processing capability. By 1972, LNFC…
2Cases cited31 opinions
- Burks v. LaskerSupreme Court of the United States · 1979
- Auerbach v. BennettNew York Court of Appeals · 1979
- Fed. Sec. L. Rep. P 93,547 Arthur Newman v. Howard M. Stein, and Morrie Benson and Rose Lerman, Objectants-AppellantsCourt of Appeals for the Second Circuit · 1972
- Dorothy Elfenbein v. Gulf & Western Industries, Inc., and Stelux Manufacturing Co., and Bulova Watch Co., Inc.Court of Appeals for the Second Circuit · 1978
- United Copper Securities Co. v. Amalgamated Copper Co.Supreme Court of the United States · 1917
26 more not listed; retrieve them via the Exa API.
3Cited by32 opinions
- Haberman v. Washington Public Power Supply SystemWashington Supreme Court · 1988
- In Re Corrugated Container Antitrust Litigation. Adams Extract Co., Great Northern Packaging Corp., Cfs Continental, Inc., Rossville Packing Co., Andre-Boudin Bakeries, Inc., Townhouse Furniture, Denver Meat Co., Carron Manufacturing Co., Ilikon Corp., Wittek Golf Supply Co., Inc., Plaintiffs-Appellants-Appellees v. Pleasure Hours, Inc., St. Joe Paper Co., the Continental Group, Olinkraft, Inc., Container Corporation of America, the Chesapeake Corporation of Virginia, Owens-Illinois, Inc., MacMillan Bloedel, Inc., Inland Container Corp., Menasha Corp., U. S. Corrugated Fibre-Box Co., Stone Container Corp., Defendants- Appellants-Appellees. In Re Corrugated Container Antitrust Litigation. Adams Extract Co., Cfs Continental, Inc., Townhouse Furniture, Rossville Packing Co., Denver Meat Co., Carron Manufacturing Co., Andre-Boudin Bakeries, Inc., Ilikon Corp., Great Northern Packaging Corp., Plaintiffs-Appellants-Appellees, Pleasure Hours, Inc., London Dry Ltd., Plaintiffs- Objectors-Appellants-Appellees v. The Chesapeake Corporation of Virginia, Stone Container Corp., Defendants-Appellants-AppelleesCourt of Appeals for the Fifth Circuit · 1981
- Lewis v. CurtisCourt of Appeals for the Third Circuit · 1982
- McCabe v. FoleyDistrict Court, M.D. Florida · 2006
- Sneed v. WebreTexas Supreme Court · 2015
27 more not listed; retrieve them via the Exa API.