NEUMAN v. PIKE

No. 77 Civ. 2937 (VLB).

456 F.Supp. 1192 (1978)

Carl H. NEUMAN, Plaintiff, v. Otis G. PIKE, Defendant.

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

May 26, 1978.


Attorney(s) appearing for the Case

Lola S. Lea, Trubin Sillcocks Edelman & Knapp, New York City, for plaintiff.

Aaron Donner, Donner, Fagelson, Hariton & Berka, Bay Shore, for defendant.


MEMORANDUM DECISION

VINCENT L. BRODERICK, District Judge.

The following facts, which I find, provide the framework within which the issues in this lawsuit arose.

The Long Island Home, Ltd. ("the Corporation") is an old, well-run, and profitable psychiatric hospital and nursing home in Suffolk County, Long Island. Since 1949 Otis G. Pike, the defendant, has been a shareholder and director of the Corporation. In 1974 Pike decided to obtain control...

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