BISZKO v. RIHT FINANCIAL CORP.

No. 84-1579.

758 F.2d 769 (1985)

Michael BISZKO, Jr., et al., Plaintiffs, Appellants, v. RIHT FINANCIAL CORPORATION, et al., Defendants, Appellees.

United States Court of Appeals, First Circuit.

Decided March 27, 1985.

As Amended April 2, 1985.


Attorney(s) appearing for the Case

William A. Harvey, Philadelphia, Pa., with whom Edward S. Ellers, Rona J. Rosen, Fellheimer, Eichen & Goodman, Philadelphia, Pa., Milton Stanzler, and Abedon, Michaelson, Stanzler & Biener, Providence, R.I., were on brief, for plaintiffs, appellants.

David B. Tulchin, New York City, with whom Theodore O. Rogers, Jr., Sullivan & Cromwell, Washington, D.C., Joseph V. Cavanagh, Jeffrey C. Schreck, and Edwards & Angell, Providence, R.I., were on brief, for defendants, appellees.

Before CAMPBELL, Chief Judge, McGOWAN, Senior Circuit Judge, and BOWNES, Circuit Judge.


McGOWAN, Senior Circuit Judge.

Appellants, certain shareholders of the Rhode Island Hospital Trust Corporation (RIHT), appeal an order1 by the United States District Court for the District of Rhode Island dismissing their suit against RIHT and certain of its officers, which was brought to enjoin the acquisition of RIHT by the Bank of Boston Corporation (Bank of Boston). Appellants' complaint alleged that the Rhode Island statute permitting...

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