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LEWIS v. KATZ

13 Misc.2d 254 (1958)

Harry Lewis et al., Plaintiffs, v. Emanuel Katz et al., Defendants.

Supreme Court, Special Term, New York County.

June 24, 1958.

Attorney(s) appearing for the Case

Milton Paulson for plaintiffs.

Irving Steinman for William B. Weinberger, plaintiff.

Louis Kipnis for Harry Lewis, plaintiff.

Morris J. Levy for Elma K. Tamarin, plaintiff.

Abraham M. Glickman for Swan-Finch Oil Corporation and others, defendants.

Richard H. Wels for Doeskin Products, Inc., defendant.

George C. Levin for trustees in the Matter of Swan-Finch Oil Corporation, debtor.

Kaye, Scholer, Fierman, Hays & Handler for Swan-Finch Oil Corporation, debtor.

Samuel H. Levinkind for Lowell M. Birrell, defendant.

Richard V. Bandler for Securities and Exchange Commission.

Wagner, Quillinan & Tennant for Thomas J. Shanahan, receiver.

Hoffman, Buchwald, Nadel, Cohen & Hoffman for Thomas J. Shanahan, receiver.

Winthrop, Stimson, Putnam & Roberts for certain stockholders of Doeskin Products, Inc.

THOMAS A. AURELIO, J.

Heretofore following the submission for consideration by the court of an offer of settlement by general counsel for plaintiffs in this derivative stockholders' action the court designated a Referee to inquire into its fairness, propriety and adequacy.

Since the submission of that offer events have transpired which make it clear that there is no likelihood, even if the proposed settlement...

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