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IN RE TRANSOCEAN TENDER OFFER SECURITIES LIT.

Nos. MDL-223 and 74 C 2985.

427 F.Supp. 1211 (1977)

In re TRANSOCEAN TENDER OFFER SECURITIES LITIGATION. Lillian H. McNALLY et al., Plaintiffs, v. ESMARK, INC., et al., Defendants.

United States District Court, N. D. Illinois, E. D.

January 24, 1977.

Attorney(s) appearing for the Case

Arthur T. Susman, Richard H. Prins, Arnold M. Flamm, Robert D. Allison, Prins, Flamm & Susman, Ltd., Alex Elson, Willard J. Lassers, Aaron S. Wolff, Elson, Lassers & Wolff, Chicago, Ill., for plaintiffs.

Robert L. Stern, Leo Herzel, Susan Getzendanner, Robert K. Hagan, Mayer, Brown & Platt, Chicago, Ill., for Esmark, Inc., Vickers Energy Corp., the directors of Esmark, Inc. and certain directors of TransOcean Oil, Inc.

William Key Wilde, Bracewell & Patterson, Houston, Tex., for defendants Stormy F. Smith, Edward J. Hudson and William A. Alexander.

John B. Holstead, Vinson, Elkins, Searls, Connally & Smith, Houston, Tex., for defendant TransOcean Oil, Inc.

MEMORANDUM AND ORDER

ROBSON, Senior District Judge.

This cause is before the court on the plaintiffs' motion for summary judgment as to liability on Count I of their complaint and on defendants' motion for summary judgment on Counts I and III of the plaintiffs' complaint. For the reasons hereinafter stated, the plaintiffs' motion for summary judgment as to liability on Count I is denied in part, and stricken in part with leave to renew at a later date, and...

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