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HORWITZ v. SOUTHWEST FOREST INDUSTRIES, INC.

No. CV-R-84-467-ECR.

604 F.Supp. 1130 (1985)

Martin HORWITZ, Plaintiff, v. SOUTHWEST FOREST INDUSTRIES, INC., and William A. Franke, Defendants.

United States District Court, D. Nevada.

March 20, 1985.

Attorney(s) appearing for the Case

John Frankovich, Reno, Nev., and Allan R. Tessler, Sheldon D. Camhy, Kurt Hunciker and John G. Nicolich, New York City, for plaintiff.

Albert F. Pagni, Reno, Nev., and Charles F. Richards, Jr., Donald A. Bussard, Jesse A. Finkelstein, Gregory P. Williams, Gregory V. Vallallo, C. Stephen Bigler, Allen M. Terrell, Jr., Wilington, Del., for Southwest Forest Industries, Inc.

Peter D. Laxalt and Richard L. Davenport, Reno, Nev., for Franke.

MEMORANDUM DECISION AND ORDER

EDWARD C. REED, Jr., District Judge.

The plaintiff has moved for a preliminary injunction enjoining the defendants from taking any action in furtherance of certain stock purchase rights declared by the defendants, as a dividend to the common stockholders of Southwest Forest Industries (SFI or the Company), on October 22, 1984. SFI has opposed the motion. (Defendant Franke, who has pending a motion to dismiss or transfer for...

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