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HAMBROS BANK, LTD. v. MESEROLE

No. 68 Civ. 2763.

287 F.Supp. 69 (1968)

HAMBROS BANK, LTD., Individually and on behalf of all the shareholders of Pacific Insurance Company of New York, Plaintiff, v. Clinton V. MESEROLE, Jr., et al., Defendants.

United States District Court S. D. New York.

July 24, 1968.

Attorney(s) appearing for the Case

Shea, Gallop, Climenko & Gould, New York City, for plaintiff; Sheldon D. Camhy, New York City, of counsel.

Lord, Day & Lord, New York City, for defendant Pacific Ins. Co. of New York and the Individual Defendants; John W. Castles, III, and F. Sedgwick Browne, New York City, of counsel.

Sullivan & Cromwell, New York City, for defendant Phoenix Assurance Co. of New York; Oliver B. Merrill, Jerome K. Walsh, Jr. and Walsh & Frisch, New York City, of counsel.

METZNER, District Judge:

This is a motion seeking several categories of preliminary injunctive relief. The action arises out of a developing contest for control of defendant Pacific Insurance Company of New York (Pacific) and involves competing public tender offers for large blocks of Pacific stock.

The plaintiff, Hambros Bank Ltd. (Hambros), is a stockholder of Pacific who made a tender offer for enough stock to give it a majority position. Defendant Phoenix...

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