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· 10/10/1972

In re Hampden Valley Construction Co.

Citations

  • 409 U.S. 891
  • 93 S. Ct. 129
  • 34 L. Ed. 2d 149
  • 1972 U.S. LEXIS 1796

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • noting that an appellate court can properly take judicial notice of any matter of which any court of original jurisdiction may properly take notice
  • indicating that accountant liability turns on foreseeability of plaintiff’s reliance
  • stockholder free to initiate derivative action when receiver refuses to initiate suit necessary for protection of creditors
  • stockholder free to initiate derivative action when receiver refuses to initiate suit necessary for protection of creditors
  • discussion of only four alternatives sufficient as long as those alternatives are “sufficient to permit a reasoned choice”
  • defendant liable “to all those persons whom he should reasonably have foreseen would be injured by his misrepresentation”

Source: CourtListener parenthetical corpus (CC0).

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This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.