Legal Opinion

In Re Jones & Laughlin Steel Corp.

Supreme Court of Pennsylvania

Decided March 20, 1980No. 91PublishedCited by 52 opinions

1Opinion of the Court

OPINION

NIX, Justice.

Appellants, minority stockholders in the Jones & Laughlin Steel Corporation (J & L), sought to challenge the validity of a 1974 merger through which J & L “went private” and deprived them of equitable interest in J & L. The Superior *527Court ruled that appellants’ sole post-merger remedy is the statutory appraisal proceeding of § 515 of the Business Corporation Law (BCL),1 and reversed the determination of the Court of Common Pleas to the effect that it had jurisdiction in a § 515 proceeding to consider the validity of the merger. 263 Pa.Super. 378, 398 A.2d 186 (1979). We…

2Cases cited15 opinions

  1. Pepper v. LittonSupreme Court of the United States · 1939
  2. Southern Pacific Co. v. BogertSupreme Court of the United States · 1919
  3. Zahn v. Transamerica CorporationCourt of Appeals for the Third Circuit · 1947
  4. Witney v. Lebanon CitySupreme Court of Pennsylvania · 1952
  5. Farris v. Glen Alden Corp.Supreme Court of Pennsylvania · 1958

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

3Cited by52 opinions

  1. Martin v. SoblotneySupreme Court of Pennsylvania · 1983
  2. In Re Jones & Laughlin Steel Corp.Supreme Court of Pennsylvania · 1984
  3. Beneficial Consumer Discount Co. v. VukmanSupreme Court of Pennsylvania · 2013
  4. Warden v. McLellandCourt of Appeals for the Third Circuit · 2002
  5. Herskowitz v. Nutri/System, Inc.Court of Appeals for the Third Circuit · 1988

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

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