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GOLDBERG v. MERIDOR

No. 1289, Docket 77-7146.

567 F.2d 209 (1977)

David GOLDBERG, suing derivatively in right and for the benefit of Universal Gas & Oil Company, Inc., Plaintiff-Appellant, v. Yaacov MERIDOR, Mila Brener, David Meridor, S. Erell, Gideon Ben Aaron, Ara A. Cambere, H. Struve Hensel, Haim Rafaeli, Martin Siem, Jacob Sutton, Henry A. Singer, Maritimecor, S.A., Maritime Fruit Carriers Company, Ltd., Hornblower & Weeks, Hemphill Noyes, Inc., Laventhol & Horwath a/k/a Laventhol Krekstein, Horwath & Horwath, Dr. Jacobo Damm, Dr. Max Lebedkin, Elie Housman, H. L. Federman, William J. Friedman, Merril M. Halpern, Per Hy-Sing-Dahl, Andre Montell, Fritz Konig, Zev Levin, Raymond Caliezi, Defendants-Appellees, and Universal Gas & Oil Company, Inc., Nominal Defendant.

United States Court of Appeals, Second Circuit.

Decided September 8, 1977.

As Modified on Denial of Rehearing October 21, 1977.

Attorney(s) appearing for the Case

Morton J. Turchin, New York City (Turchin & Topper, and James H. O'Hare, New York City, of counsel), for plaintiff-appellant.

William Rand, Jr., Thomas J. Kane, and Andrew Berger, New York City, for defendants-appellees.

Coudert Brothers, New York City, of counsel, for defendant-appellee H. Struve Hensel.

Cichanowicz & Callan, and Michael G. Chalos, New York City, of counsel, for defendants-appellees David Meridor, S. Erell, Gideon Ben Aaron, Haim, Rafaeli, Jacob Sutton, Maritimecor, S.A., and Maritime Fruit Carriers Co. Ltd.

Wender, Murase & White, and Peter J. Gartland, New York City, of counsel, for Universal Gas & Oil Co. Inc.

Willkie, Farr & Gallagher, and Armando T. Belly, New York City, of counsel, for defendants-appellees Yaacov Meridor and Mila Brener.

Singer, Hutner, Levine & Seeman, Jay W. Seeman, and Robert J. Kaplan, New York City, of counsel, for defendant-appellee Henry A. Singer.

Mudge, Rose, Guthrie & Alexander, and Laurence V. Senn, Jr., New York City, of counsel, for defendant-appellee Ara A. Cambere.

Before FRIENDLY, TIMBERS and MESKILL, Circuit Judges.

FRIENDLY, Circuit Judge:

In this derivative action in the District Court for the Southern District of New York, David Goldberg, a stockholder of Universal Gas & Oil Company, Inc. (UGO), a Panama corporation having its principal place of business in New York City, sought to recover damages and to obtain other relief against UGO's controlling parent, Maritimecor, S.A., also a Panama corporation; Maritimecor's controlling parent, Maritime Fruit Carriers Company Ltd...

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