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SUN CHEMICAL CORP. v. DAINIPPON INK & CHEMICALS

No. 86 Civ. 3723 (PNL).

635 F.Supp. 1417 (1986)

SUN CHEMICAL CORPORATION, Plaintiff, v. DAINIPPON INK & CHEMICALS, INC., Defendant.

United States District Court, S.D. New York.

As Amended June 3, 1986.

Attorney(s) appearing for the Case

Cahill Gordon & Reindel, New York City (David R. Hyde, George Wailand, Laurence A. Silverman, of counsel), for plaintiff.

Cravath, Swaine & Moore, New York City (Robert S. Rifkind, of counsel), for defendant.

OPINION AND ORDER

LEVAL, District Judge.

Sun Chemical Corp. seeks by this action and preliminary injunction motion to bar Dainippon Ink & Chemicals, Inc. from buying stock in Sun. Sun contends that by announcing an intention to purchase Sun stock Dainippon is committing a number of actionable wrongs under New York law including extortion, duress, coercion, interference with contract relations and prima facie tort. The motion was made by an order to show...

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