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RATHBORNE v. RATHBORNE

Civ. A. No. 79-4763.

508 F.Supp. 515 (1980)

Prescott H. RATHBORNE v. J. Cornelius RATHBORNE et al.

United States District Court, E. D. Louisiana.

December 2, 1980.

Attorney(s) appearing for the Case

Louis R. Koerner, Jr., New Orleans, La., for plaintiffs.

Jack M. Weiss, Phelps, Dunbar, Marks, Claverie & Sims, New Orleans, La., for J. Cornelius Rathborne, Mrs. Kathleen R. Wilmerding, Henry T. Fair, Jr., Edward P. Roberts, Jr., Michael C. Stanley, William A. White, III, Henry Wilmerding, Jr., Milton Hellmers, Robert E. Becker, Rathborne Land Co., Inc. & Rathborne Properties, Inc. & John G. Weinmann.

R. King Milling, M. Truman Woodward, Jr., Milling, Benson, Woodward, Hillyer, Pierson & Miller, New Orleans, La., for Rathborne Land Co., Inc. & Rathborne Properties, Inc.

ARCENEAUX, District Judge.

This matter, involving a dispute among shareholders of closely-held family corporations, came before the Court on defendants' Motion to Dismiss or, Alternatively, Motion to Strike.

The Court, after hearing oral argument based on memoranda supplied by opposing counsel, granted defendants' Motion to Dismiss for the reasons set forth below.

I. Background

By minute entry dated May 7, 1980, plaintiff's claims in this...

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