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LEWIS v. HILTON

No. 85 C 6968.

648 F.Supp. 725 (1986)

Harry LEWIS, Suing Derivatively for the Benefit of and In the Right of Hilton Hotels Corp., Plaintiff, v. Barron HILTON, William H. Edwards, Henri Lewin, E.T. Applegate, Maurice J. Scanlon, James E. Garrett, Robert L. Kelly, Paul D. Buckley, Willard C. Howard, James E. Bates, Benjamin V. Lambert, Thomas R. Wilcox, Frank G. Wangeman, Sam D. Young, Jr., Gregory R. Dillon, John V. Giovenco and Hilton Hotels Corporation, Defendants.

United States District Court, N.D. Illinois, E.D.

October 20, 1986.

Attorney(s) appearing for the Case

Jules Brody, Stull, Stull & Brody, New York City, for plaintiff.

Phil C. Neal, George M. Hoffman, Ralph T. Russell, Sheldon Karon, Karon, Morrison & Savikas, Chicago, Ill., for defendants.

MEMORANDUM OPINION AND ORDER

ASPEN, District Judge:

Plaintiff Harry Lewis filed this shareholder's derivative suit on behalf of Hilton Hotels Corporation ("Hilton") against nominal defendant Hilton and several of Hilton's officers and directors ("the individual defendants") alleging that the individual defendants engaged in transactions concerning the construction and eventual sale of a New Jersey casino and hotel which constituted a breach of fiduciary...

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