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KOHN v. AMERICAN METAL CLIMAX, INC.

Nos. 19175, 19176, 19537, 19538, 71-1099, 71-1100, 71-1101.

458 F.2d 255 (1972)

Harold E. KOHN, Trustee, et al. v. AMERICAN METAL CLIMAX, INC., et al., Appellants in 19175, 19537, 71-1099. Appeal of ROAN SELECTION TRUST, LIMITED, in 19176, 19538, 71-1100. Appeal of Harold E. KOHN, Trustee, et al., in 71-1101.

United States Court of Appeals, Third Circuit.

Further Briefing Completed on October 14, 1971.

Decided March 31, 1972.

As Amended April 17, 1972.

Attorney(s) appearing for the Case

Marvin Schwartz, Sullivan & Cromwell, New York City, for appellant in Nos. 19175, 19176, 19537, 19538, 71-1099, 71-1100 and appellee in No. 71-1101.

Harold E. Kohn, Philadelphia, Pa., for appellant in No. 71-1101 and appellee in Nos. 19175, 19176, 19537, 19538, 71-1099, 71-1100.

Before SEITZ, Chief Judge, and ADAMS and MAX ROSENN, Circuit Judges.

OPINION OF THE COURT

SEITZ, Chief Judge.

These are consolidated appeals from orders of the United States District Court for the Eastern District of Pennsylvania.

The case arises out of the amalgamation of defendants Roan Selection Trust Limited (RST), a Zambian corporation, into American Metal Climax, Inc. (AMAX), a New York corporation, which prior to the consummation of the amalgamation owned 42.3% of the outstanding stock of RST.

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