Legal Opinion

Winkelman v. General Motors Corp.

District Court, S.D. New York

Decided November 18, 1942PublishedCited by 6 opinions

1Opinion of the Court

LEIBELL, District Judge.

On November 4, 1942, I filed a memorandum, 48 F.Supp. 490, in which I considered certain objections that had been made to a proposed compromise of the above consolidated stockholders’ derivative action. The named defendants and several others had offered $4,000,000 in settlement, on condition that they receive a release in the form annexed to their offer. I held that

“ * * * the proposed compromise or settlement should be disapproved unless:—
“(1) There shall be specially excluded from the settlement any claim of General Motors Corporation against the Regent Corporation,…

2Cases cited2 opinions

  1. Winkelman v. General Motors CorporationDistrict Court, S.D. New York · 1942
  2. Winkelman v. General Motors CorporationDistrict Court, S.D. New York · 1942

3Cited by6 opinions

  1. Zerkle v. Cleveland-Cliffs Iron Co.District Court, S.D. New York · 1971
  2. Heddendorf v. GoldfineDistrict Court, D. Massachusetts · 1958
  3. Winkelman v. General Motors CorporationDistrict Court, S.D. New York · 1942
  4. Nanfito v. TEKSEED HYBRID COMPANYDistrict Court, D. Nebraska · 1972
  5. Sophie Ruskay v. Chauncey L. WaddellCourt of Appeals for the Second Circuit · 1977

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