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SAN FRANCISCO REAL ESTATE INVESTORS v. REAL ESTATE INVEST. TRUST OF AM.

No. 82-1831.

692 F.2d 814 (1982)

SAN FRANCISCO REAL ESTATE INVESTORS, Plaintiff, Appellant, v. REAL ESTATE INVESTMENT TRUST OF AMERICA, et al., Defendants, Appellees.

United States Court of Appeals, First Circuit.

Decided November 9, 1982.

Attorney(s) appearing for the Case

Jeffrey B. Rudman, with whom Earle C. Cooley, and Hale and Dorr, Boston, Mass., were on brief, for plaintiff, appellant.

Don M. Kennedy, with whom Paul F. Ware, Jr., Thomas J. Griffin, Jr., and Goodwin, Procter & Hoar, Boston, Mass., were on brief, for defendants, appellees.

Before COFFIN, Chief Judge, CAMPBELL and BREYER, Circuit Judges.

BREYER, Circuit Judge.

In this expedited appeal, San Francisco Real Estate Investors (SFREI), the appellant, challenges the validity of a temporary restraining order entered by the district court, which extends (from November 6, 1982 until November 18, 1982) the "proration date" connected to its tender offer for shares of Real Estate Investment Trust of America (REITA), the appellee. The "proration date" marks the end of the period during which a shareholder who subscribes...

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