GOULD v. AMERICAN HAWAIIAN STEAMSHIP COMPANY

Civ. A. No. 3707/3722.

331 F.Supp. 981 (1971)

Marvyn GOULD, Executor of the Estate of J. Donald Rogasner, and J. David Pincus, on behalf of themselves and all others similarly situated, Plaintiffs, Mary S. McCord and Charles T. McCord, Jr., Intervening Plaintiffs, v. AMERICAN HAWAIIAN STEAMSHIP COMPANY et al., Defendants.

United States District Court, D. Delaware.

September 17, 1971.


Attorney(s) appearing for the Case

William Prickett and Rodman Ward, Jr., of Prickett, Ward, Burt & Sanders, Wilmington, Del., Harold E. Kohn and Aaron M. Fine, of Harold E. Kohn, P. A., Philadelphia, Pa., for plaintiff Gould and all those similarly situated and for intervening plaintiffs.

Ralph F. Keil, of Keil & Keil, Wilmington, Del., for plaintiff Pincus.

S. Samuel Arsht, and William O. LaMotte, III, of Morris, Nichols, Arsht & Tunnell, Wilmington, Del., Richard Nolan and Christopher Croley, of Davis, Polk & Wardwell, New York City, for defendant R. J. Reynolds Tobacco Company.

David F. Anderson and Richard F. Corroon, of Potter, Anderson & Corroon, Wilmington, Del., John W. Castles, III, Roger C. Ravel, Mason G. Kassel, Joseph F. McDonald and Franklin B. Velie, of Lord, Day & Lord, New York City, for defendants American-Hawaiian Steamship Company, National Bulk Carriers, Inc., Litton Industries, Inc., Monroe International Corporation Retirement Plan Trust, Daniel K. Ludwig, Hal A. Kroeger and Joseph T. Casey.

R. Franklin Balotti, of Richards, Layton & Finger, Wilmington, Del., W. Foster Wollen, of Shearman & Sterling, New York City, for defendants Malcolm P. McLean, James K. McLean, Clara L. McLean, Disque D. Deane, Edward A. Hirs, James T. Murff and Beverly R. Wilson, Jr.


CONSOLIDATED OPINION

CALEB M. WRIGHT, Chief Judge.

On November 10, 1970, this Court denied the plaintiffs' and the defendants' motions for summary judgment without prejudice to their respective rights to renew said motions.1 This case is presently before the Court upon the plaintiffs' renewed motion for partial summary judgment on the issue of liability under the Securities Act of...

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