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KATZ v. ASPINWALL

Civ. A. No. 64-612.

342 F.Supp. 286 (1971)

Aaron KATZ, on behalf of himself and all other persons similarly situated, Plaintiff, v. Nolan C. ASPINWALL et al., Defendants.

United States District Court, N. D. Alabama, S. D.

September 1, 1971.

Attorney(s) appearing for the Case

Robert S. Vance of Jenkins, Cole, Callaway & Vance, Birmingham, Ala., and Kramer, Bandler & Labaton, New York City, for plaintiff.

Winston B. McCall, of Pritchard, McCall & Jones, Gilbert E. Johnston, of Deramus, Johnston, Barton, Proctor & Swedlaw, S. P. Keith, Jr., William G. West, Jr., of Sirote, Permutt, Friend & Friedman, and George R. Reynolds, Birmingham, Ala., for defendants.

ORDER ON MOTIONS FOR SUMMARY JUDGMENT

GROOMS, District Judge.

This is a derivative action brought by the plaintiff for the benefit of the United Security Life Insurance Company (USLIC) and in behalf of himself and all other stockholders of USLIC similarly situated.

The defendants have filed motions for summary judgment. The basis of these motions is that USLIC has been judicially dissolved since the institution of this suit and that on account thereof...

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