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BACARDI v. BACARDI CORP.

Civ. A. No. 87-621-JJF.

677 F.Supp. 253 (1988)

Daniel F. BACARDI and Adolfo Comas Bacardi, Plaintiffs, v. BACARDI CORPORATION, Defendant.

United States District Court, D. Delaware.

January 21, 1988.

Attorney(s) appearing for the Case

Donald J. Wolfe, Jr., and W. Harding Drane, Jr., of Potter, Anderson & Corroon, Wilmington, Del., for plaintiffs.

R. Franklin Balotti, Jesse A. Finkelstein, and Joseph J. Bodnar, of Richards, Layton & Finger, Wilmington, Del., for defendant.

MEMORANDUM OPINION

FARNAN, District Judge.

Plaintiffs Daniel F. Bacardi and Adolfo Comas Bacardi1 have filed a motion to remand this action to the Delaware Court of Chancery. Defendant, Bacardi Corporation, removed this action from state court on the ground that Count III of plaintiffs' complaint arises under the Securities and Exchange Act (the "1934 Act"), 15 U.S.C. § 78a et seq. The Court has reviewed the briefs of the...

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