Schechter v. Union News Co.

How courts have described this case

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

• discussing appropriate statute of limitations to apply to breach of fiduciary duty claims under New York law
• finding breach of fiduciary duty claim brought by minority shareholders to recover damages resulting from freeze-out merger an equitable claim and therefore governed by CPLR § 213(1)
• applying a six- year statute of limitations where a complaint was “equitable in nature and . . . a legal remedy would not be adequate”
• finding where the remedy sought is purely monetary in nature, courts construe the suit as alleging “injury to property” within the meaning of N.Y. C.P.L.R. § 214(4
• analyzing the substance of the claim to determine what limitations period applies
• “[T]he choice of the applicable Statute of Limitations depends on the substantive remedy which the plaintiff seeks.”

Source: CourtListener parenthetical corpus (CC0).