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RIGGS NAT. BANK OF WASHINGTON D. C. v. ALLBRITTON

Civ. A. No. 81-0445.

516 F.Supp. 164 (1981)

The RIGGS NATIONAL BANK OF WASHINGTON, D. C., Plaintiff, v. Joe L. ALLBRITTON, et al., Defendants.

United States District Court, District of Columbia.

March 17, 1981.

Attorney(s) appearing for the Case

Fred M. Vinson, C. Roger Nelson, Washington, D. C., for plaintiff.

C. Benjamin Crisman, Jr., Stuart L. Shapiro, Jeffrey Glekel, Washington, D. C., for defendants.

MEMORANDUM OPINION

NORMA HOLLOWAY JOHNSON, District Judge.

This matter is before the Court upon the motion of the plaintiff, Riggs National Bank of Washington, D. C., ("Riggs") for a preliminary injunction, enjoining defendants Joe L. Allbritton, Pierce National Life Insurance Company ("Pierce"), University Bancshares, Inc. ("University") and Perpetual Corporation ("Perpetual") from continuing with or effectuating the cash tender offer for shares of Riggs...

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