AMICUS AI
Citation Codes
Equivalent Citations
citation codes
Judges
Are you a practicing lawyer?
Enhance your digital presence and reach by creating a Casemine profile.
Upload pleading to use the new AI search
Cites
Cited by
Citation Codes
Equivalent Citations
citation codes
Judges

WILLIAM B. O'BRIEN et al., Suing on Their Own Behalf and on Behalf of All Other Stockholders of AMERICAN BEVERAGE CORPORATION Similarly Situated, Respondents, v. AMERICAN BEVERAGE CORPORATION, Defendant, and JAMES HALL et al., Defendants-Appellants.

Per Curiam.

The affidavit submitted by the plaintiffs in opposition to the defendants-appellants' motion for summary judgment fails to allege facts to sustain the first cause of action contained in the consolidated amended complaint. The documentary evidence offered by the defendants-appellants establishes conclusively the limited nature of the services to be rendered by them and that those services did not contemplate an audit or examination of the accounts of Prendergast-Davis Co., Ltd. The plaintiffs have failed to set forth any facts, as distinguished from suspicions and conclusions, indicating that the defendants-appellants were implicated in the acts which resulted in the loss sustained by the American Beverage Corporation.

The order, so far as appealed from, should be reversed, with twenty dollars costs and disbursements, and the motion to dismiss the first cause of action in the consolidated amended complaint granted.

Per Curiam.

Order, so far as appealed from, unanimously reversed, with twenty dollars costs and disbursements, and the motion to dismiss the first cause of action in the consolidated amended complaint granted. Settle order on notice.

Use AI to get other relevant cases.

Comments

O'BRIEN v. AMERICAN BEVERAGE CORPORATION
(Jan 28, 1944)