Legal Opinion

Bank of New York Co. v. Irving Bank Corp.

New York Supreme Court

Decided April 18, 1988PublishedCited by 6 opinions

1Opinion of the Court

OPINION OF THE COURT

Herman Cahn, J.

The Bank of New York Company, Inc. (BNY), plaintiff, moves for an order enjoining defendant Irving Bank Corporation (IBC) from enforcing a certain "rights” agreement as amended on March 15, 1988, and specifically enjoining the enforcement of the March 15, 1988 amendment.

THE FACTS

In September 1987 BNY announced its intention to com*666menee a tender offer for all of the outstanding shares of IBC. It is unnecessary here to recite in detail the intricacies of the offer, its several amendments by BNY, and its rejection by the board of directors of IBC. Suffice it to…

2Cases cited6 opinions

  1. W. T. Grant Co. v. SrogiNew York Court of Appeals · 1981
  2. Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc.Supreme Court of Delaware · 1986
  3. Moran v. Household International, Inc.Supreme Court of Delaware · 1985
  4. Schwab v. E. G. Potter Co.New York Court of Appeals · 1909
  5. In re the Arbitration between Staklinski & Pyramid Electric Co.Appellate Division of the Supreme Court of the State of New York · 1958

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3Cited by6 opinions

  1. Quickturn Design Systems, Inc. v. ShapiroSupreme Court of Delaware · 1998
  2. Carmody v. Toll Bros., Inc.Court of Chancery of Delaware · 1998
  3. Shoen v. ShoenCourt of Appeals of Arizona · 1990
  4. Mentor Graphics Corp. v. Quickturn Design Systems, Inc.Court of Chancery of Delaware · 1998
  5. International Banknote Co., Inc. v. MullerDistrict Court, S.D. New York · 1989

1 more not listed; retrieve them via the Exa API.

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