all - Opinion Summaries

GRYL v SHIRE PHARM. GROUP PLC

Corporation & Enterprise Law, Securities Law
A shareholder derivative action, for the disgorgement of short-swing profits, was properly dismissed under the exemption for issuer-to-insider...

DUNN v. COMM'R OF INTERNAL REVENUE

Corporation & Enterprise Law, Securities Law, Tax Law
Tax court erred in assessing the fair market value of a block of common stock, for purposes of calculating the amount of estate tax owed. Case...

IN RE: NAVARRE CORP. SEC. LITIG.

Securities Law
An amended complaint under the Private Securities Litigation Reform Act of 1995 was properly dismissed where plaintiffs failed to adequately plead...

FREDERICK v. FIRST UNION SEC., INC.

Contracts, Corporation & Enterprise Law, Dispute Resolution & Arbitration, Securities Law
An arbitration clause in an agreement between a corporation and a shareholder is broad enough to include a shareholder's derivative action based on a...

COMMODITY FUTURES TRADING COMM'N v. MASS MEDIA MARKETING, INC.

Securities Law
Advertisers, not engaged in soliciting or accepting orders for options contracts, were not subject to the Introducing Broker registration and...

APS SPORTS COLLECTIBLES, INC. v. SPORTS TIME, INC.

Banking Law, Bankruptcy Law, Corporation & Enterprise Law, Securities Law
In an action arising from a loan default and transfer of assets from a bankrupt corporation, no valid claim of liability of individual corporate...

GRIMES v. ALTEON INC.

Contracts, Corporation & Enterprise Law, Securities Law
An alleged oral promise made to a stockholder by a CEO, to sell 10 percent of a future private stock offering, is unenforceable (even where coupled...

SEC. & EXCH. COMM'N v. CREDIT BANCORP, LTD.

Corporation & Enterprise Law, Securities Law, Tax Law, Government Law
The United States did not waive its sovereign immunity to permit a declaration as to the tax liabilities of corporate entities and their receiver.

WESTMORELAND v. SADOUX

Contracts, Dispute Resolution & Arbitration, Securities Law
Where a suit does not seek to enforce any duty arising out of a shareholder agreement, and seeks no relief that would frustrate any right to...

CAIOLA v. CITIBANK, N.A.

Corporation & Enterprise Law, Securities Law
Shares and options were purchased on investor's behalf, and cash-settled over-the-counter options are "securities" under the Securities Exchange Act...