Legal Opinion

Tyco Laboratories, Inc. v. Cutler-Hammer, Inc.

District Court, S.D. New York

Decided April 29, 1980No. 78 Civ. 3283PublishedCited by 25 opinions

1Opinion of the Court

OPINION

ROBERT J. WARD, District Judge.

This is an action for a declaratory judgment pursuant to 28 U.S.C. § 2201. Plaintiffs, Tyco Laboratories, Inc. and its wholly-owned subsidiary, AMBG Corp., (collectively “Tyco”) seek a declaration that they are not liable under section 16(b) of the Securities Exchange Act of 1934 (the “Act”), 15 U.S.C. § 78p(b), for “short swing” profits realized on a sale of defendant Cutler-Hammer, Inc’s (“C-H”) common stock. Defendant moves pursuant to Rule 12(c), Fed.R. Civ.P., for judgment on the pleadings dismissing Tyco’s complaint and entering judgment on its…

2Cases cited43 opinions

  1. Foman v. DavisSupreme Court of the United States · 1962
  2. Smolowe v. Delendo CorporationCourt of Appeals for the Second Circuit · 1943
  3. Kern County Land Co. v. Occidental Petroleum Corp.Supreme Court of the United States · 1973
  4. Reliance Electric Co. v. Emerson Electric Co.Supreme Court of the United States · 1972
  5. Foremost-McKeeson, Inc. v. Provident Securities Co.Supreme Court of the United States · 1976

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3Cited by25 opinions

  1. Matthew Madonna v. United StatesCourt of Appeals for the Second Circuit · 1989
  2. Whittaker v. Whittaker Corp.Court of Appeals for the Ninth Circuit · 1981
  3. Fed. Sec. L. Rep. P 99,488 Texas International Airlines v. National Airlines, Inc.Court of Appeals for the Fifth Circuit · 1983
  4. United States v. WeiszDistrict Court, S.D. New York · 1996
  5. David Colan, and Unocal Corporation v. Mesa Petroleum Co., David Colan, and Unocal Corporation v. Mesa Petroleum Co.Court of Appeals for the Ninth Circuit · 1991

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