Legal Opinion
Xerox Corp. v. Genmoora Corp.
Court of Appeals for the Fifth Circuit
Decided November 17, 1989No. 88-1446PublishedCited by 82 opinions
1Opinion of the Court
JOHN R. BROWN, Circuit Judge:
In this shareholder derivative suit, Xerox challenges a series of transactions among the current sole director and four ex-directors of the Genmoora Corporation (Gen-moora). It alleges that these transactions depleted the corporation’s assets and resulted in the failure to fund a Liquidating Trust Fund established to receive the proceeds of a sale of all of Genmoora’s assets to Moore Business Forms, Inc. (Moore).1 The trial court dismissed Xerox’s derivative suit under F.R.Civ.P. 12(b)(6) for failure to allege injury and alternatively granted summary judgment in…
2Cases cited38 opinions
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Conley v. GibsonSupreme Court of the United States · 1957
- Foman v. DavisSupreme Court of the United States · 1962
- Adickes v. S. H. Kress & Co.Supreme Court of the United States · 1970
- Warth v. SeldinSupreme Court of the United States · 1975
33 more not listed; retrieve them via the Exa API.
3Cited by82 opinions
- Lormand v. US Unwired, Inc.Court of Appeals for the Fifth Circuit · 2009
- United States of America v. Avx Corporation, National Wildlife Federation, IntervenorCourt of Appeals for the First Circuit · 1992
- William ALPERN and Russell D. Miller, on Behalf of Themselves and All Others Similarly Situated, Appellants, v. UTILICORP UNITED, INC., AppelleeCourt of Appeals for the Eighth Circuit · 1996
- Guillory v. Domtar Industries Inc.Court of Appeals for the Fifth Circuit · 1996
- Harvey J. Sanner, Warren D. Jones, Also Known as Corky, H. Dean Adkins v. Board of Trade of the City of Chicago, Patrick H. Arbor, Donald G. AndrewCourt of Appeals for the Seventh Circuit · 1995
77 more not listed; retrieve them via the Exa API.