Goldberg v. Meridor
District Court, S.D. New York
1Opinion of the Court
LASKER, District Judge.
In this derivative action, David Goldberg, a stockholder of Universal Gas & Oil Company, Inc. (UGO), contests an allegedly fraudulent exchange agreement entered into between UGO and its controlling parent, Maritimecor. Goldberg asserts that the exchange, by which UGO was to receive all of Maritimecor’s assets and assume all of its liabilities in return for up to 4.2 million shares of UGO’s stock, was grossly unfair to UGO because the liabilities of Maritimecor substantially outweighed its assets. While UGO has yet to issue its stock to Maritime-cor, it has received the…
2Cases cited18 opinions
- Santa Fe Industries, Inc. v. GreenSupreme Court of the United States · 1977
- Green v. Wolf Corp.Court of Appeals for the Second Circuit · 1968
- Fed. Sec. L. Rep. P 94,853 John Schlick v. Penn-Dixie Cement CorporationCourt of Appeals for the Second Circuit · 1974
- Fed. Sec. L. Rep. P 93,590 David Segal v. Lawrence Gordon, and Coburn Corporation of AmericaCourt of Appeals for the Second Circuit · 1972
- Surowitz v. Hilton Hotels Corp.Supreme Court of the United States · 1966
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3Cited by45 opinions
- McFarland v. Memorex Corp.District Court, N.D. California · 1980
- Von Bulow by Auersperg v. Von BulowDistrict Court, S.D. New York · 1986
- O'Connor & Associates v. Dean Witter Reynolds, Inc.District Court, S.D. New York · 1981
- Three Crown Ltd. Partnership v. Caxton Corp.District Court, S.D. New York · 1993
- Benoay v. DeckerDistrict Court, E.D. Michigan · 1981
40 more not listed; retrieve them via the Exa API.