Stephen and Penny WETTER, et al., Plaintiffs,
v.
CAESARS WORLD, INC., Nominal Defendant,
Clifford S. Perlman, Stuart Z. Perlman, J. Terrence Lanni, Jay E. Leshaw, Harold D. Berkowitz, M. Peter Schweitzer, Manuel Yellen, James J. Needham, Peter Escheverria, William H. McElnea, Jr., Defendants.
United States District Court, D. New Jersey.https://leagle.com/images/logo.png
January 5, 1982.
January 5, 1982.
Attorney(s) appearing for the Case
Richard D. Greenfield, Greenfield & Chimicles, P.C., Bala Cynwys, Pa., for ABC Bridge Club.
Bernard M. Gross, Gross & Sklar, P.C., Philadelphia, Pa., for Arnold Litten.
Daniel W. Krasner, Wolf Haldenstein, Adler, Freeman & Herz, New York City, for Ira Ellenthal.
Steven M. Kramer, Philadelphia, Pa., for Frances Cherkin.
Jules Brody, Stull, Stull & Brody, New York City, for Harry Lewis.
Arnold Levin, Levin & Fishbein, Philadelphia, Pa., for Lily and Sheldon Pearl.
Roger W. Kirby, Kaufman, Taylor & Kimmel, New York City, for Barnett Stepak.
Sherrie R. Savett, Berger & Montague, P.C., Philadelphia, Pa., for Jacob and Isabel Heffler.
Stuart H. Savett, Kohn, Savett, Marion & Graf, P.C., Philadelphia, Pa., for George R. Goldstone.
Edward A. Grossmann, Kreindler & Kreindler, New York City, for Admin. Sales Associates Profit Sharing Plan.
Lawrence Sucharow, Kass, Goodkind, Wechsler & Labaton, New York City, for Stephen and Penny Wetter.
Arthur N. Abbey, Law Offices of Arthur N. Abbey, New York City, for Ann Pieri and Edward Guerrero.
Mordecai Rosenfeld, New York City, for Ann C. Sheppard.
Robert B. Block, Pomerantz, Levy, Haudek & Block, New York City, for Moses Antler.
Alvin J. Ivers, Alvin J. Ivers, P.C., Aaron M. Fine, Fine, Kaplan & Black, Philadelphia, Pa., for Abraham S. and Rita S. Cott.
Stuart L. Shapiro, Skadden, Arps, Slate, Meagher & Flom, New York City, for Jay E. Leshaw, Harold D. Berkowitz, M. Peter Schweitzer, Manuel Yellen, James J. Needham and Peter Escheverria.
William R. Glendon, Rogers & Wells, New York City, Alan S. Fellheimer, Fellheimer, Eichen & Goodman, Westmont, N. J., for Caesars World, Inc.
Robert B. Barnett, Williams & Connelly, Washington, D. C., for Stuart Z. Perlman and Clifford S. Perlman.
William H. McElnea, Jr., pro se.
Michael R. Griffinger, Crummy, Del Deo, Dolan & Purcell, Newark, N. J., for defendant directors (other than Perlmans).
Clyde A. Szuch, Murray J. Laulicht, Pitney, Hardin, Kipp & Szuch, Morristown, N. J., for defendants Perlmans.
Mark S. Shane, DeMarco, Lore & Shane, Dunellen, N. J., for plaintiffs.
United States District Court, D. New Jersey.
OPINION
BROTMAN, District Judge.
This opinion enlarges upon and supersedes the comments made orally by the court on December 28, 1981, in denying plaintiffs' motion for a temporary restraining order.
Plaintiffs, shareholders bringing this derivative action, made an application on December 22, 1981, for a temporary restraining order, pending hearing of their motion for a preliminary injunction. They seek to stay the taking of any action at a shareholders...
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