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GAYNOR v. BUCKLEY

Civ. No. 60-473.

203 F.Supp. 620 (1962)

Robert S. GAYNOR, Plaintiff, v. James L. BUCKLEY, Julian N. Cheatham, Charles Daniel, H. Stuart Daniels, Fred A. Ferroggiaro, Harvey C. Fruehauf, Robert F. Johnson, Robert B. Pamplin, Carrol M. Shanks, Samuel H. Swint, John S. Brandis, Plywood Products Corp. and Georgia-Pacific Corporation, Defendants, Janet Stone, Intervenor.

United States District Court D. Oregon.

March 23, 1962.

Attorney(s) appearing for the Case

Sidney L. Garwin, New York City, and Nels Peterson, Portland, Or., for plaintiff.

Robert S. Miller and Fredric A. Yerke, Jr., of King, Miller, Anderson, Nash & Yerke, Portland Or., for defendant Georgia-Pacific Corp.

George W. Foley and Robert M. Feely, of Shearman & Sterling, New York City, and by James C. Dezendorf, of Koerner, Young, McColloch & Dezendorf, Portland, Or., for individual defendants.

SOLOMON, Chief Judge.

Plaintiff, a minority stockholder in Georgia-Pacific Corporation (G-P) brought this derivative action on behalf of the corporation against its board of directors and Mr. Jack Brandis, one of its officers.1 Plaintiff seeks the cancellation of a stock option granted Brandis and an accounting on a joint venture between G-P and a group of corporations controlled by Brandis. This venture culminated in G-P's purchase of...

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