Zetlin v. Hanson Holdings, Inc.
New York Court of Appeals
48 N.Y.2d 684, 397 N.E.2d 387, 421 N.Y.S.2d 877 (1979)

- Written by Sean Carroll, JD
Facts
Zetlin (plaintiff) owned two percent of the outstanding shares of Gable Industries, Inc. (Gable). Hanson Holdings, Inc. (Hanson) (defendant) owned 44.4 percent of Gable. Hanson sold its interest to Flintkote Co. for a premium of $15 per share, about twice what the stock was going for on the open market. The 44.4 percent interest acquired by Flintkote gave it a controlling interest in Gable. Zetlin brought suit, seeking to obtain part of the premium paid by Flintkote to Hanson. The lower court found in favor of Hanson. Zetlin appealed.
Rule of Law
Issue
Holding and Reasoning (Memorandum)
What to do next…
Here's why 815,000 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.