Legal Opinion
Backus v. Finkelstein
District Court, D. Minnesota
Decided March 19, 1924PublishedCited by 17 opinions
1Opinion of the Court
BOOTH, District Judge.
In the memorandum attached to the order filed in this suit on September 8, 1920, it was held by this court that the suit was a stockholders’ suit, brought on behalf of the corporation, the Miles Theater Company, for the recovery of assets diverted from it by wrongful action on the part of the individual defendants. It was also held that the complaint showed a sufficient compliance with equity rule 27 to en- . able suit to be maintained. That such suits are maintainable, where there has been mismanagement, fraudulent acts, misappropria^ tion of corporate funds or assets,…
2Cases cited17 opinions
- Hawes v. OaklandSupreme Court of the United States · 1882
- Corsicana Nat. Bank of Corsicana v. JohnsonSupreme Court of the United States · 1919
- Jones v. Missouri-Edison Electric Co.Court of Appeals for the Eighth Circuit · 1906
- Jones v. MorrisonSupreme Court of Minnesota · 1883
- Hyams v. Calumet & Hecla Mining Co.Court of Appeals for the Sixth Circuit · 1915
12 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- Gallup v. CaldwellCourt of Appeals for the Third Circuit · 1941
- Ruben v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1938
- Richardson v. Blue Grass Mining Co.District Court, E.D. Kentucky · 1939
- Willcox v. Harriman Securities CorporationDistrict Court, S.D. New York · 1933
- Glenmore Distilleries Company v. SeidemanDistrict Court, E.D. New York · 1967
12 more not listed; retrieve them via the Exa API.