Legal Opinion
Strougo Ex Rel. Brazilian Equity Fund, Inc. v. Bassini
District Court, S.D. New York
Decided April 6, 1998No. 97 Civ. 3579(RWS)PublishedCited by 9 opinions
1Opinion of the Court
OPINION
SWEET, District Judge.
Defendants BEA Associates (“BEA”), the investment adviser to the Brazilian Equity Fund, Inc. (the “Fund”) and Emilio Bassini, Richard Watt and Daniel Sigg, at all relevant times directors of the Fund and employees of BEA (together with BEA, the “BEA Defendants”) have moved to dismiss the complaint of plaintiff Robert Strougo (“Strougo”) pursuant to Fed.R.Civ.P. 12(b)(6) for failure to state a claim and Fed.R.Civ.P. 23.1 for failure to make a pre-litigation demand upon the Fund’s board of directors prior to commencing this derivative action; or, in the alternative,…
2Cases cited21 opinions
- Hishon v. King & SpaldingSupreme Court of the United States · 1984
- H. J. Inc. v. Northwestern Bell Telephone Co.Supreme Court of the United States · 1989
- Cohens v. VirginiaSupreme Court of the United States · 1821
- Kamen v. Kemper Financial Services, Inc.Supreme Court of the United States · 1991
- Aronson v. LewisSupreme Court of Delaware · 1984
16 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Strougo v. Bea AssociatesDistrict Court, S.D. New York · 2001
- Strougo v. BassiniCourt of Appeals for the Second Circuit · 2002
- Strougo ex rel. Brazilian Equity Fund, Inc. v. BassiniDistrict Court, S.D. New York · 2003
- Krantz v. Fidelity Management & Research, Co.District Court, D. Massachusetts · 2000
- Strougo v. BassiniDistrict Court, S.D. New York · 2000
4 more not listed; retrieve them via the Exa API.