Irwin L. JACOBS, Dennis M. Mathisen, Gerald A. Schwalbach, Daniel T. Lindsay and Paul Kalmanovitz, individually and as shareholders of Pabst Brewing Company, Plaintiffs,
v.
G. HEILEMAN BREWING COMPANY, INC., a Wisconsin corporation, Russell G. Cleary, Ralf H. Owen, Arthur N. Trausch, Jr., William A. Barney, John S. Pedace, William G. Phillips, William G. Roth, Robert J. Korkowski, John D. Glenn, Peter F. O'Sullivan, John T. Sleik, Joseph Rotold, John B. Barrett, Ralph E. Horn, Thomas J. Carroll, Ronald J. Drout, Daniel J. Schmid, Jr., George E. Smith and Louise A. Bruring, individually and as members of the Board of Directors of G. Heileman Brewing Company, Inc., HBC Acquisition Inc., a Delaware corporation, Pabst Brewing Company, a Delaware corporation, William F. Smith, Jr., August U. Pabst, Thomas J. Donnelly, Karl Eller, Ira C. Herbert, William E. Kimberly, Sheldon B. Lubar, Thomas N. McGowen, Jr., Karl F. Hoenecke, Raymond S. Troubh and Frederick P. Stratton, Jr., individually and as members of the Board of Directors of Pabst Brewing Company, Olympia Brewing Company, a Washington corporation, Robert A. Schmidt, Alfred J. Gagnon, Sherman R. Huffine, Charles Kuper, Robert D. O'Brien, Peter G. Schmidt, Theodore F. Schmidt and Samuel N. Stroum, individually and as members of the Board of Directors of Olympia Brewing Company, Defendants.
PABST BREWING COMPANY, a Delaware corporation, Counterclaimant,
v.
Irwin L. JACOBS, Dennis M. Mathisen, Gerald A. Schwalbach, Daniel T. Lindsay and Paul Kalmanovitz, Counterclaim Defendants, JMSL Acquiring Corp., a Delaware corporation, and PST Acquiring Corp., a Delaware holding company, Additional Counterclaim Defendants.
United States District Court, D. Delaware.https://leagle.com/images/logo.png
December 1, 1982.
December 1, 1982.
Attorney(s) appearing for the Case
R. Franklin Balotti and Jesse A. Finkelstein, of Richards, Layton & Finger, Wilmington, Del., Dennis J. Block, Alan J. Weinschel, Joseph Allerhand, Yvette Miller, Surie Rudoff, Charles Ferris, Helene Jaffe and Richard Taggart of Weil, Gotshal & Manges, New York City, of counsel, for all plaintiffs and counterclaim defendants except Paul Kalmanovitz.
Joseph Alioto of Alioto & Alioto, San Francisco, Cal., for plaintiff and counterclaim defendant Paul Kalmanovitz.
Bruce M. Stargatt and David McBride, of Young, Conaway, Stargatt and Taylor, Wilmington, Del., Maurice J. McSweeney, of Foley & Lardner, Milwaukee, Wis., Leslie Smith and Howard W. Fogt, Jr., of Foley, Lardner, Hollabaugh & Jacobs, Washington, D.C., of counsel, for defendants Heileman Brewing Co. and its directors and HBC Acquisition Inc., and its directors.
A. Gilchrist Sparks, III and Kenneth J. Nachbar, of Morris, Nichols, Arsht & Tunnell, Wilmington, Del., Michael W. Schwartz, Lawrence Letterman, Eric M. Roth, Barry A. Weprin, and Patricia Vlahakis, of Wachtell, Lipton, Rosen & Katz, New York City, Willis B. Snell, Douglas Rosenthal and Michael Denger, of Sutherland, Asbil & Brennan, Washington, D.C., and Michael, Best & Friedrich, Milwaukee, Wis., of counsel, for defendants and counterclaimants Pabst Brewing Co. and its directors.
United States District Court, D. Delaware.
MEMORANDUM OPINION
LATCHUM, Chief Judge.
Plaintiffs, Irwin L. Jacobs, Dennis M. Mathisen, Gerald A. Schwalbach, Daniel L. Lindsay, and Paul Kalmanovitz (collectively referred to as the "Jacobs Group"), individually and as shareholders of Pabst Brewing Company ("Pabst"), brought this action on November 15, 1982 pursuant to 15 U.S.C. §§ 78aa, 26, 28 U.S.C. §§ 1331, 1337 and 2201, and the principles...
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