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SCHRADER v. HAMILTON

No. CV 96-4117 RAP.

959 F.Supp. 1205 (1997)

Ottis J. SCHRADER, On His Own Behalf and Derivatively On Behalf of Nominal Defendant Atlantic Richfield Company, a Delaware corporation, Plaintiff, v. Beverly L. HAMILTON; and Does 1 Through 100, Defendants, and Atlantic Richfield Company, a Delaware corporation, Nominal Defendant.

United States District Court, C.D. California.

February 4, 1997.

Attorney(s) appearing for the Case

Marc Seltzer, Corinblit & Seltzer, Los Angeles, CA, for Plaintiff.

John Brinsley, Lee Seltman, Paul, Hastings, Janofsky & Walker, Los Angeles, CA, for Beverly Hamilton.

Matthew Heartney, James Speyer, Steven Bergman, Arnold & Porter, Los Angeles, CA, for ARCO.

ORDER GRANTING PLAINTIFF'S MOTION TO REMAND

PAEZ, District Judge.

I.

INTRODUCTION & FACTUAL BACKGROUND

On May 13, 1996, plaintiff Ottis J. Schrader filed this shareholder's derivative action in the Los Angeles County Superior Court on behalf of Atlantic Richfield Co. ("ARCO") against defendant Beverly L. Hamilton, and nominal defendant ARCO. Hamilton, ARCO's Vice-President and Investment Officer and an administrator under the...

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