AFW FABRIC CORP. ET AL.
v.
MARSHEL ET AL.

U.S. | 1976-10-12
No. 75-1782
429 U.S. 881 Supreme Court of the United States (1976) Positive Treatment
Cited by 5 cases

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  • Santa FE Indus., Inc. v. Green, 430 U.S. 462 (U.S. 1977)
    …See Recent Cases, 89 Harv. L. Rev. 1917, 1926 (1976) (stating that no appellate decision before that of the Court of Appeals in this case and in Marshel v. AFW Fabric Corp., 533 F. 2d 1277 (CA2), vacated and remanded for a determination of mootness, 429 U. S. 881 (1976), “had permitted a 10b-5 claim without some element of misrepresentation or nondisclosure”) (footnote omitted). For example, some States apparently require a “valid corporate purpose” for the elimination of the minority interest through a sho…
  • Goldberg v. Yaacov Meridor, 567 F.2d 209 (2d Cir. 1977)
    …ir. 1968), cert, denied, 395 U.S. 906, 89 S.Ct. 1747, 23 L.Ed.2d 219 (1969), and Drachman v. Harvey, 453 F. 2d 722 (2 Cir. 1972), and held that Marshel v. AFW Fabric Corp., 533 F. 2d 1277 (2 Cir.), vacated and remanded for consideration of mootness, 429 U.S. 881, 97 S.Ct. 228, 50 L.Ed.2d 162 (1976), and Green v. Santa Fe Industries, Inc., 533 F. 2d 1283 (2 Cir.), which was pending before the Supreme [*213] Court on grant of certiorari, 429 U.S. 814, 97 S.Ct. 54, 50 L.Ed.2d 74 (1976), were limited to the sit…
  • Wright v. The Heizer Corp., 560 F.2d 236 (7th Cir. 1977)
    …oral argument before us in the case at bar, Santa Fe Industries, Inc. v. Green, 430 U.S. 462, 97 S.Ct. 1292, 51 L.Ed.2d 480 (1977). See also Marshel v. AFW Fabric Corp., 533 F. 2d 1277 (2d Cir.), vacated and remanded for a determination of mootness, 429 U.S. 881, 97 S.Ct, 228, 50 L.Ed.2d 162 (1976). Perhaps anticipating the Supreme Court’s reversal in Green, plaintiffs instead advanced an argument similar to the District Court’s rationale. They argued that self-dealing by a corporate fiduciary that results…

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