DeYoung v. Beddome

707 F. Supp. 132 (1989)

From our private database of 46,300+ case briefs, written and edited by humans—never with AI.

DeYoung v. Beddome

United States District Court for the Southern District of New York
707 F. Supp. 132 (1989)

Facts

DeYoung and other shareholders (plaintiffs) of Dome Petroleum Limited (Dome) (plaintiff) sued Amoco Canada Petroleum Company (Amoco) (defendant) and certain officers of Dome, including Beddome, related to a proposed agreement for the acquisition of Dome by Amoco. The plaintiffs alleged Amoco violated the disclosure laws under the Securities and Exchange Act. The plaintiffs first sued in Canada under Canadian laws similar to the United States disclosure laws. The plaintiffs then sued in the United States District Court for the Southern District of New York while the case was pending in Canada. The Canadian court then ruled against the plaintiffs. Amoco moved for summary judgment in the U.S. district court to dismiss under forum non conveniens and the doctrine of international comity. The plaintiffs contended that forum non conveniens and international comity should not be applied to dismiss the case, because Canadian law failed to protect rights granted by the Securities and Exchange Act and did not allow contingent-fee agreements.

Rule of Law

Issue

Holding and Reasoning (Mukasey, J.)

What to do next…

  1. Unlock this case brief with a free (no-commitment) trial membership of Quimbee.

    You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 812,000 law students since 2011. Some law schools—such as Yale, Berkeley, and Northwestern—even subscribe directly to Quimbee for all their law students.

    Unlock this case briefRead our student testimonials
  2. Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.

    Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students.

    Learn about our approachRead more about Quimbee

Here's why 812,000 law students have relied on our case briefs:

  • Written by law professors and practitioners, not other law students. 46,300 briefs, keyed to 988 casebooks. Top-notch customer support.
  • The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
  • Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
  • Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.

Access this case brief for FREE

With a 7-day free trial membership
Here's why 812,000 law students have relied on our case briefs:
  • Reliable - written by law professors and practitioners, not other law students
  • The right length and amount of information - includes the facts, issue, rule of law, holding and reasoning, and any concurrences and dissents
  • Access in your class - works on your mobile and tablet
  • 46,300 briefs - keyed to 988 casebooks
  • Uniform format for every case brief
  • Written in plain English - not in legalese and not just repeating the court's language
  • Massive library of related video lessons - and practice questions
  • Top-notch customer support

Access this case brief for FREE

With a 7-day free trial membership