ALIZAC PARTNERS v. ROSPATCH CORP.

No. G88-311-CA1.

712 F.Supp. 599 (1989)

ALIZAC PARTNERS and Atlantis Group, Inc., Plaintiffs, v. ROSPATCH CORPORATION, Joseph A. Parini, Jones Y. Pharr, Jr., J. Grant Beadle, James R. Sebastian, Jr., Ernest R. Seymour, Thomas W. Butler, Jr. and Paul K. Gaston, Defendants.

United States District Court, W.D. Michigan S.D.

May 4, 1989.


Attorney(s) appearing for the Case

Dykema, Gossett by Joel E. Krissoff, Grand Rapids, Mich., Stroock & Stroock & Lavan by Melvin A. Brosterman, Edward Tessler, Lauren G. Klein, New York City, Winston & Strawn by David F. Acker, M. Finley Maxson, Paul M. Liebenson, Chicago, Ill., and by Lewis A. Engman, Washington, D.C., for plaintiffs.

Timothy J. McClain, Warner Norcross & Judd, Grand Rapids, Mich., for defendants.


OPINION

HILLMAN, Chief Judge.

This case arises out of a proxy fight involving plaintiffs, Alizac Partners and Atlantis Group, Inc. and defendant Rospatch. At stake in this proxy fight was the election of two directors to the Board of Directors of Rospatch at its annual meeting of shareholders held on April 25, 1988. Plaintiffs allege that the management and Board of Directors of Rospatch Corporation engaged in misleading proxy solicitations in order to win...

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