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LAWRENCE v. DECCA RECORDS

20 Misc.2d 424 (1959)

Ludwig Lawrence, Plaintiff, v. Decca Records, Inc. et al., Defendants.

Supreme Court, Special Term, New York County.

November 5, 1959.

Attorney(s) appearing for the Case

Adolph Schimel, Henry Cohen and Daniel M. Sandomire for Universal Pictures Co., defendant.

Cohen & Sandomire for Decca Records, Inc. and another, defendants.

Paul, Weiss, Rifkind, Wharton & Garrison (Edward N. Costikyan and William B. Mallin of counsel), for plaintiff.

FRANCIS X. CONLON, J.

Defendant Universal Pictures Company, Inc., moves for dismissal of the amended complaint, for legal insufficiency.

Plaintiff contends that in his two causes of action he has set forth two legal grievances, in that defendants have misused the cash assets of Universal by improperly causing it to purchase its own preferred and common stock and common stock of Decca, to achieve defendants...

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