(DOWNLOAD) "Marx V. Centran Corp." by United States Court Of Appeals For The Sixth Circuit * eBook PDF Kindle ePub Free

January 21, 2021

eBook details

Title: Marx V. Centran Corp.
Author : United States Court Of Appeals For The Sixth Circuit
Release Date : January 08, 1984
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 71 KB

Description

CONTIE, Circuit Judge. Plaintiff Sylvester Marx appeals the district court's grant of summary judgment in favor of the defendants. Marx's complaint alleged that the defendants violated numerous federal banking laws and breached their common law fiduciary duties to the shareholders of Centran Corporation. The district court found that some of the statutes upon which Marx relied created no cause of action which he could assert either directly or derivatively for the benefit of the corporate defendants and that the remaining statutes were not violated by the defendants. Since the federal claims lacked merit, the pendent state law claim alleging a breach of fiduciary duty was dismissed under United Mine Workers v. Gibbs, 383 U.S. 715, 16 L. Ed. 2d 218, 86 S. Ct. 1130 (1966).

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