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EQUITY GROUP HOLDINGS v. DMG, INC.

No. 83-8612-Civ.-SMA.

576 F.Supp. 1197 (1983)

EQUITY GROUP HOLDINGS, Plaintiff, v. DMG, INC.; Diversified Mortgage Investors, Inc.; Carlsberg Corporation; Carlsberg Resources Corporation; Michael A. Mash, Jr.; Billy F. Vaughn; Richard P. Carlsberg; William W. Geary, Jr.; Maurice H. Stans; Charles A. Bucks; Norbert A. Schlei; Jack L. Schram; Ronald S. Tankersley; and Charles E. Young, Defendants.

United States District Court, S.D. Florida.

December 15, 1983.

Attorney(s) appearing for the Case

Richard C. Smith & Lewis F. Murphy, Steel, Hector & Davis, Miami, Fla., Ralph C. Ferrera, Debevoise & Plimpton, Washington, D.C., for plaintiff.

David L. Ross, and Stanley Wakshlag, and Harvey Goldman, Greenberg, Traurig, Askew, Hoffman, Tipoff & Wolf, P.A., Miami, Fla., Kurt Koegler, of Skadden, Apps, Slate, Meagher & Flom, New York City, Norbert A. Schlei, and H.F. Hart, Hughes, Hubbard & Reed, Los Angeles, Cal., for defendants.

ORDER DENYING PRELIMINARY INJUNCTION

ARONOVITZ, District Judge.

INTRODUCTION

THIS CAUSE was heard by the Court on December 13, 1983, upon Plaintiff's Motion for Preliminary Injunction, in which Plaintiff sought the following relief:

1. A judicial declaration that Section 607.221 of the Florida Corporation Act is applicable to the vote of DMG shareholders with respect to the issuance of approximately 12.5 million (12,500,000) shares of...

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