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TORCHMARK CORP. v. BIXBY

No. 88-4534-CV-W-5.

708 F.Supp. 1070 (1988)

TORCHMARK CORPORATION and United Investors Management Company, Plaintiffs, v. Joseph R. BIXBY, et al., Defendants.

United States District Court, W.D. Missouri, W.D.

December 21, 1988.

Attorney(s) appearing for the Case

Richard H. Ralston, Polsinelli, White, Vardeman & Shalton, Kansas City, Mo., Barbara Robbins, Douglas S. Liebhafsky, Andrew C. Houston, Wachtell, Lipton, Rosen & Katz, New York City, for plaintiffs.

John C. Dods, III, Shook, Hardy & Bacon, Kansas City, Mo., for defendants.

ORDER

SCOTT O. WRIGHT, Chief Judge.

This is an individual and derivative action brought by plaintiff Torchmark Corporation ("Torchmark") and its subsidiary, United Investors Management Company, in connection with plaintiffs' attempt to acquire control of defendant Kansas City Life Insurance Company ("KCL" or the "Company"), a publicly held corporation. The defendants are the company and all fifteen members of its Board of Directors (the

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