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BEEFY KING INTERNATIONAL, INC. v. VEIGLE

No. 71-3475.

464 F.2d 1102 (1972)

BEEFY KING INTERNATIONAL, INC. and IEA Corporation, Plaintiffs-Appellants, v. Francis T. VEIGLE et al., Defendants-Appellees.

United States Court of Appeals, Fifth Circuit.

July 27, 1972.

Attorney(s) appearing for the Case

Lloyd Herold, North Palm Beach, Fla., for plaintiffs-appellants.

William S. Blalock Orlando, Fla., for defendants-appellees.

Before TUTTLE, MORGAN and RONEY, Circuit Judges.

PER CURIAM:

The order of the district court releasing certain real property from coverage of the lis pendens filed in this case is affirmed.

A lengthy complaint containing twelve counts charges the defendants as former directors, principal officers and stockholders of a Delaware corporation and its wholly-owned Florida subsidiary, both known as Beefy King International, Inc., with mismanagement, breach of fiduciary duty, and improper use of corporate assets...

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