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1. Cohen v. Benefit Indus. Loan Corp., No. 442, SUPREME COURT OF THE UNITED STATES, April 18, 1949, Argued , June 20, 1949, Decided
OVERVIEW: A New Jersey statute requiring security for the payment of defense expenses in the event of an unsuccessful shareholder suit applied in federal courts, and was upheld since it was within the power of the state to require such security.
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