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KENRICH CORPORATION v. MILLER

No. 16168.

377 F.2d 312 (1967)

KENRICH CORPORATION to the Use of Jerome Kline v. Stanton R. MILLER, Robert B. Miller, Joseph X. Yaffe, Marvyn Gould, Elmer G. Blank, Stephen J. Kline, Michael M. Brodsky, Samuel Seitchick, Irvin Foster, Leonard A. Levine and John H. Seeton. Kenrich Corporation, to the Use of Jerome Kline, and/or Jerome Kline, Appellants.

United States Court of Appeals Third Circuit.

Decided May 24, 1967.

Attorney(s) appearing for the Case

Robert Sanders, Paul, Greenberg & Sanders, Philadelphia, Pa. (Benjamin Paul, Melvin J. Greenberg, Philadelphia, Pa., on the brief), for appellants.

Henry F. Huhn, Detweiler, Sherr, Huhn & Hughes, Philadelphia, Pa. (Howard R. Detweiler, Philadelphia, Pa., on the brief), for appellees Yaffe and Gould.

Jerome R. Verlin, Verlin & Goldberg, Philadelphia, Pa. (David Goldberg, Philadelphia, Pa., on the brief), for appellee Stephen J. Kline.

I. Raymond Kremer, Kremer, Rosenzweig, Krimsky & Luterman, Philadelphia, Pa., for appellee Michael M. Brodsky.

Israel Packel, Fox, Rothschild, O'Brien & Frankel, Philadelphia, Pa. (Daniel Lowenthal, Philadelphia, Pa., on the brief), for appellees Robert and Stanton Miller.

Frank F. Truscott, Truscott & Erisman, Philadelphia, Pa., on the brief, for appellee Leonard Levine.

Emanuel Moss, Philadelphia, Pa., on the brief, for appellee Elmer G. Blank.

Before McLAUGHLIN, HASTIE and FREEDMAN, Circuit Judges.

OPINION OF THE COURT

HASTIE, Circuit Judge.

In the caption of this complaint the plaintiff is designated as "Kenrich Corporation to the Use of Jerome Kline". The defendants are former directors of Standard Toch Industries, Inc., a Delaware corporation which had been merged into Kenrich Corporation, also a Delaware corporation. The complaint avers that "this action is brought to recover [Standard Toch] Corporation losses caused by its former directors who...

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