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THORNOCK v. KINDERHILL CORP.

Nos. 88 Civ. 3978 (RWS), 88 Civ. 5848 (RWS), 88 Civ. 7901 (RWS)-88 Civ. 7903 (RWS).

712 F.Supp. 1123 (1989)

Russell THORNOCK, et al., Plaintiffs, v. KINDERHILL CORPORATION, et al., Defendants.

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

May 22, 1989.

Attorney(s) appearing for the Case

Rosner & Goodman, New York City by Andrew J. Goodman, Jeffrey H. Hirsch, of counsel, for plaintiffs.

Spengler Carlson Gubar Brodsky & Frischling, New York City by Robert S. Carlson, Richard B. Cohen, of counsel, for defendant Kinderhill Corp.

Paul Weiss Rifkind Wharton & Garrison, New York City by Richard A. Rosen, Helen B. Kim, Maria T. Vullo, for Ecoban Capital Ltd.

OPINION

SWEET, District Judge.

Defendants Kinderhill Corporation and its associated limited partnerships ("Kinderhill" or the "Kinderhill defendants"), Thomas A. Martin ("Martin") and Jack R. Orben ("Orben"), and James F. Martin ("Martin"), Herman F. Borneman ("Borneman"), Paul C. O'Neill ("O'Neill"), and John Wilson ("Wilson") (the "outside directors") have moved pursuant to 12(b)(6) to dismiss the amended complaint for failure to state a claim upon which...

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