RUSKAY v. LEVIN

No. 70 Civ. 3029 (CHT).

425 F.Supp. 1264 (1977)

Joesph A. RUSKAY, Plaintiff, v. Philip J. LEVIN et al., Defendants.

United States District Court, S. D. New York.

January 19, 1977.


Attorney(s) appearing for the Case

Friend & Dorfman, New York City, for plaintiff; Jerold W. Dorfman, New York City, of counsel.

Paul, Weiss, Rifkind, Wharton & Garrison, New York City, for defendants Bluhdorn, Judelson, Gaston, Silverman, Davis, Levien, Felt and Levy; Arthur L. Liman, New York City, of counsel.

Skadden, Arps, Slate, Meagher & Flom, New York City, for defendant Madison Square Garden Corp.; James Davis, New York City, of counsel.

Shea, Gould, Climenko & Casey, New York City, for defendants Philip J. Levin, Janice H. Levin, The Philip J. and Janice H. Levin Foundation, and Sommer; Milton S. Gould, New York City, of counsel.

Simpson, Thacher & Bartlett, New York City, for defendants Transnation Development Corp. (formerly GW Land Corp.), and G & W Industries, Inc.; Conrad K. Harper, New York City, of counsel.

Cleary, Gottlieb, Steen & Hamilton, New York City, for defendant Everett; George Weisz, New York City, of counsel.


TENNEY, District Judge.

The instant action is a "triple derivative" stockholders action on behalf of Gulf & Western Industries ("GWI"), Gulf & Western Land and Development Corporation ("GW Land") (a former subsidiary of GWI), and Madison Square Garden Corporation ("Madison Square") alleging violations of Section 10(b)1 of the Securities Exchange Act of 1934 (15 U.S.C. § 78j) and...

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