Levin v. Metro-Goldwyn-Mayer, Inc. case brief summary
264 F.Supp. 797 (S.D.N.Y. 1967)
Plaintiff stockholders filed an
application for a preliminary injunction against defendant
corporation and directors as part of an action claiming improper
solicitation of proxies for the corporation's annual meeting.
CASE FACTS Plaintiff stockholders and defendant
directors were engaged in a contest for control of defendant
corporation, a motion picture producer and distributor. Plaintiffs'
motion for a preliminary injunction to enjoin defendants from their
current proxy solicitation methods, including having corporate
employees and branch managers solicit proxies, the solicitation of
proxies for defendants by an independent supporter of management, and
the endorsements by actors, directors, writers and exhibitors in paid
advertisements of defendants.
The court denied plaintiffs' motion,
holding that the solicitation methods were not prohibited by law and
that the plaintiffs had failed to show irreparable harm would result
if the actions of defendants were not enjoined.
Application for preliminary injunction denied because plaintiffs
failed to establish defendants' actions were prohibited by law and
did not show irreparable harm would result without the injunction. Recommended Supplements for Corporations and Business Associations Law
I have often tried to make the cases available as links in case you are a student without a textbook.
All the information on this site is constantly updated and edited. Furthermore, if you have any outlines you want to share, so that others, free of charge, may benefit, please send those to be posted here. Likewise, if you have case briefs you would like to share, please send them to [email protected].
Please keep in mind that this site makes no warranties as to the accuracy of the cases listed here or the current status of law. These cases are derived from class notes and laws change over time. If you have any questions about these materials, or any other legal questions, you should consult an attorney who is a member of the bar of the state you reside in.