Legal Opinion
Snyder v. Pleasant Valley Finishing Co., Inc.
District Court, S.D. New York
Decided November 8, 1990No. 90 Civ. 0807 (SWK)PublishedCited by 8 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
KRAM, District Judge.
Plaintiff brings this action, styled as a shareholder derivative suit, to recover a $120,000 payment by defendants Pleasant Valley Finishing Co., Inc. (“Finishing”), Robert Judell (“Judell”) and Leonard Tu-retzky (“Turetzky”) to Turetzky through an entity called LST Realty, during the “winding down” of Finishing. The complaint alleges that such $120,000 payment to Turetzky is inconsistent with his fiduciary obligations as a director of Finishing and as a trustee of Pleasant Valley Finishing Co., Inc., Liquidating Trust (the “Liquidating…
2Cases cited24 opinions
- Koster v. (American) Lumbermens Mutual Casualty Co.Supreme Court of the United States · 1947
- Zahn v. International Paper Co.Supreme Court of the United States · 1973
- Bell v. Preferred Life Assurance SocietySupreme Court of the United States · 1943
- H. Keith Zahn v. International Paper CompanyCourt of Appeals for the Second Circuit · 1972
- Galef v. AlexanderCourt of Appeals for the Second Circuit · 1980
19 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Price v. Upper Chesapeake Health VenturesCourt of Special Appeals of Maryland · 2010
- Hanninen v. FedoravitchDistrict Court, D. Connecticut · 2008
- Bronzaft v. CaporaliNew York Supreme Court · 1994
- Career Initiatives Corp. v. PalmerDistrict Court, S.D. New York · 1995
- Donlin v. MurphyCourt of Appeals of Washington · 2013
3 more not listed; retrieve them via the Exa API.