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CRANE CO. v. LAM

Civ. A. No. 81-287.

509 F.Supp. 782 (1981)

CRANE CO. v. Robert M. LAM, Commissioner, Pennsylvania Securities Commissioner; Cole B. Price, Jr., Commissioner, Pennsylvania Securities Commission; Frank A. Ursomarso, Commissioner, Pennsylvania Securities Commission; Leroy S. Zimmerman, Attorney General of the Commonwealth of Pennsylvania; and Harsco Corporation.

United States District Court, E. D. Pennsylvania.

February 12, 1981.

Attorney(s) appearing for the Case

Franklin Poul, Philadelphia, Pa., for plaintiff.

Patrick T. Ryan, Philadelphia, Pa., for defendants.

MEMORANDUM OPINION

BECHTLE, District Judge.

By Order of February 4, 1981, this Court preliminarily enjoined the enforcement of the Pennsylvania Takeover Disclosure Law, Pa.Stat.Ann., tit. 70, §§ 71-85 (Purdon Supp. 1980-1981) ("Pennsylvania Act"), in respect to the plaintiff corporation's tender offer for shares of the defendant corporation's common stock. This memorandum is in support of that Order.

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