KAHN v. SPROUSE

Civ. No. 93-372-JO.

842 F.Supp. 423 (1993)

Alan KAHN, et al., Plaintiffs, v. Robert A. SPROUSE, II, et al., Defendants.

United States District Court, D. Oregon.

December 15, 1993.


Attorney(s) appearing for the Case

Henry Kantor, Kantor & Sacks, Portland, OR, William B. Hirsch, William Bernstein, Elizabeth Joan Cabraser, Lieff Cabraser & Heimann, San Francisco, CA, for plaintiffs.

William F. Martson, Jr., Scott G. Seidman, Tonkon Torp Galen Marmaduke & Booth, Portland, OR, Teresa A. Maginn, Brobeck Phleger & Harrison, San Francisco, CA, for defendants.


OPINION AND ORDER

ROBERT E. JONES, Judge:

This matter is before the court on defendants' motion for summary judgment. The limited issue for purposes of this motion is whether plaintiffs have standing to assert a direct action as shareholders, rather than a derivative action on behalf of the corporation. No discovery has been conducted in this case.

Defendants are the five directors who constituted the company's board of directors during the...

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