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Flying Tiger, Hidden Dragon
Manage episode 368798773 series 3447594
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In this episode of Laying Down the Law: Accountant Edition, host Billy DeClercq and guests discuss a shareholders' derivative suit, Eisenberg v. Flying Tiger Line Inc. from 1971. The plaintiff, Eisenberg, claimed that his vote had been diluted. The key issue was whether it was a derivative or direct claim. The episode also includes interesting facts, such as the disappearance of Flying Tiger Flight 739 during the Vietnam War.
The Case in Question:
Eisenberg v. Flying Tiger Line, Inc. - 451 F.2d 267 (2d Cir. 1971)
https://www.lexisnexis.com/community/casebrief/p/casebrief-eisenberg-v-flying-tiger-line-inc
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