Thomas PAOLOZZI, Plaintiff,
v.
Lawrence W. BARBER et al., Defendants.
Simon KAMINSKY, Plaintiff,
v.
Lawrence W. BARBER et al., Defendants.
William L. BERGER et al., Plaintiffs,
v.
Lawrence W. BARBER et al., Defendants.
Court of Chancery of Delaware, New Castle.https://leagle.com/images/logo.png
August 22, 1969.
August 22, 1969.
Attorney(s) appearing for the Case
Irving Morris, of Cohen, Morris & Rosenthal, Wilmington, and Israel Beckhardt, New York City, for plaintiff Paolozzi.
Russell J. Willard, Jr., of Hastings, Taylor & Willard, Wilmington, and Irving Steinman, New York City, for plaintiff Berger.
William E. Taylor, Jr., Wilmington, and Stanley Nemser, New York City, for plaintiff Kaminsky.
Clair J. Killoran, of Killoran & Van Brunt, Wilmington, and Harvey Spear and John Burns, III, New York City, for defendant Federman.
John P. Sinclair, of Potter, Anderson & Corroon, Wilmington, and Alvin K. Hellerstein, New York City, for defendant, United Industrial Corp.
Gerald Z. Berkowitz, Wilmington, and Milton Paulson, New York City, for defendant Fein.
William D. Bailey, Jr., and Charles K. Keil, of Bayard, Brill & Handelman, Wilmington, for various defendants.
David A. Drexler, of Morris, Nichols, Arsht & Tunnell, Wilmington, for defendants Tremaine and Stephens.
Henry N. Herndon, Jr., of Morris, James, Hitchens & Williams, Wilmington, for defendant, BSF Co.
Joseph Zorn, New York City, for defendants Stonehill, Iselin and Nathan.
Court of Chancery of Delaware, New Castle.
DUFFY, Chancellor:
These cases are among the oldest on the calendar of the Court. They were brought derivatively for the benefit of United Industrial Corporation, a Delaware corporation in which each plaintiff held stock.1 The suits were consolidated for trial and a settlement with two of the defendants, Herbert J. Peterson and Benjamin F. Gira, was made and approved by Chancellor Seitz in this Court on April 8, 1963. Thereafter on January...
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