CITRIN v. GREATER NEW YORK INDUSTRIES


79 F.Supp. 692 (1948)

CITRIN v. GREATER NEW YORK INDUSTRIES, Inc., et al.

United States District Court, S. D. N. Y.

September 14, 1948.


Attorney(s) appearing for the Case

Bernard A. Green, of New York City (Milton Pollack and Philip B. Kurland, both of New York City, of counsel), for plaintiff.

Abraham M. Glickman, Norman Annenberg, and Frederick E. Weinberg, all of New York City, for defendants.


RYAN, District Judge.

This is a stockholder's derivative suit brought by Abraham Citrin, a resident of the state of New Jersey and a stockholder of the Greater New York Industries (hereafter, "GNY"), to recover for alleged wrongs to GNY and to Louisville Fire and Marine Insurance Company (hereafter, Louisville), a wholly-owned subsidiary of GNY.

In substance, the complaint alleges that the defendants, Lowell M. Birrell, Stewart B. Hopps and others, unlawfully...

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