GRACE v. ROSENSTOCK

No. 85-CV-2039 (RML).

23 F.Supp.2d 326 (1998)

Oliver R. GRACE, Lorraine Grace, Morgan H. Grace and Gerald I. White, Trustee of the John E. Grace Trust, individually, and as stockholders of Briggs Leasing Corporation suing on behalf of themselves and for the benefit of said corporation and for the class of all other stockholders of said corporation similarly situated, Plaintiffs, v. Robert ROSENSTOCK, Robert Genser, Edward Rosenstock, Briggs Leasing Corporation and Briggs Acquisition Corporation, Defendants.

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

October 29, 1998.


Attorney(s) appearing for the Case

Sidney Bender, Leventritt, Lewites & Bender, New York City for Plaintiffs.

Herbert Rubin, Herzfeld & Rubin, New York City, for Defendants.


MEMORANDUM AND ORDER

LEVY, United States Magistrate Judge.

Plaintiffs1 are minority shareholders of defendant Briggs Leasing Corporation,2 a public corporation that was in the business of leasing automobiles to individuals and businesses. They commenced this action individually, as a class, and derivatively to rescind and reform a "freeze-out"...

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