Legal Opinion

Weitzen v. Kearns

District Court, S.D. New York

Decided December 8, 1966No. 66 Civ. 2460PublishedCited by 8 opinions

1Opinion of the Court

OPINION

BONSAL, District Judge.

Defendant Solitron Devices, Inc. (Solitron) has moved by Order to Show Cause for an order directing plaintiff to post security in the amount of $100,000 for reasonable expenses, including attorneys’ fees, which may be incurred by Solitron and by other defendants in connection with this action and for which Solitron may be liable under Sections 721 to 726, inclusive, of the Business Corporation Law of New York.

Plaintiff instituted this action derivatively on behalf of Solitron, and representatively on behalf of all stockholders of Solitron similarly situated,…

2Cases cited4 opinions

  1. Fielding v. AllenCourt of Appeals for the Second Circuit · 1950
  2. McClure v. Borne Chemical Co.Court of Appeals for the Third Circuit · 1961
  3. Barry C. Phelps v. I. W. BurnhamCourt of Appeals for the Second Circuit · 1964
  4. Eagle v. HorvathDistrict Court, S.D. New York · 1965

3Cited by8 opinions

  1. Harold DRACHMAN and Claire Drachman, Plaintiffs-Appellants, v. Lawrence A. HARVEY Et Al., Defendants-AppelleesCourt of Appeals for the Second Circuit · 1972
  2. Saylor v. LindsleyCourt of Appeals for the Second Circuit · 1968
  3. Saylor v. LindsleyCourt of Appeals for the Second Circuit · 1968
  4. Epstein v. Solitron Devices, Inc.Court of Appeals for the Second Circuit · 1968
  5. Harold DRACHMAN and Claire Drachman, Plaintiffs-Appellants, v. Lawrence A. HARVEY Et Al., Defendants-AppelleesCourt of Appeals for the Second Circuit · 1972

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