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SCHECHTMAN v. WOLFSON

No. 147, Docket 24225.

244 F.2d 537 (1957)

Philip SCHECHTMAN, Plaintiff-Appellant, v. Louis E. WOLFSON et al., Defendants-Appellees.

United States Court of Appeals Second Circuit.

Decided May 2, 1957.

Attorney(s) appearing for the Case

Irwin M. Taylor, of Kaufman, Imberman & Taylor, New York City, for plaintiff-appellant.

Bruce A. Hecker, New York City (William A. Shea and Ralph L. Ellis, of Manning, Hollinger & Shea, New York City, on the brief), for defendants-appellees.

Before CLARK, Chief Judge, MEDINA, Circuit Judge, and SMITH, District Judge.

CLARK, Chief Judge.

Plaintiff appeals from the refusal to allow him counsel fees in a shareholders' derivative action involving somewhat novel circumstances. The action was aimed at interlocking directorates in competing corporations in violation of § 8 of the Clayton Act, 15 U.S.C. § 19. Judge Dimock in a reasoned opinion, D.C. S.D.N.Y., 141 F.Supp. 453, denied recompense to counsel on the ground that the primary remedy...

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