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TREADWAY COMPANIES, INC. v. CARE CORP.

No. 79 Civ. 5066(GLG).

490 F.Supp. 660 (1980)

TREADWAY COMPANIES, INC., Plaintiff, v. CARE CORPORATION, Dr. Robert W. Browne, Daniel Cowin, and Philip DeJourno, Defendants. CARE CORPORATION, Dr. Robert W. Browne and Philip DeJourno, Counterclaim-Plaintiffs, v. FAIR LANES, INC., Treadway Companies, Inc., Daniel Parke Lieblich, John R. McDonnell, Simon Gluckman, Norman Brassler, Murray L. Cole, Samuel B. Dobrow, and Bernard Mills, Counterclaim-Defendants. CARE CORPORATION and Philip DeJourno, suing derivatively in the right and for the benefit of Treadway Companies, Inc., Counterclaim-Plaintiffs, v. FAIR LANES, INC., Daniel Parke Lieblich, John R. McDonnell, Simon Gluckman, Norman Brassler, Murray L. Cole, Samuel B. Dobrow, and Bernard Mills, Counterclaim-Defendants, and Treadway Companies, Inc., Nominal Defendant.

United States District Court, S. D. New York.

January 18, 1980.

Attorney(s) appearing for the Case

Battle, Fowler, Jaffin, Pierce & Kheel, New York City, for plaintiff and the individual counterclaim defendants by Samuel R. Pierce, Jr., Gerald J. Fields, Raymond J. Soffientini, Richard S. Lawch, New York City, of counsel.

Marshall, Bratter, Greene, Allison & Tucker, New York City, for defendants and counterclaim plaintiffs, Care Corp., Dr. Browne and Philip deJourno by James M. Bergen, Stephen B. Camhi, Daniel S. Greenfeld, New York City, of counsel.

Skadden, Arps, Slate, Meagher & Flom, New York City, for defendant Cowin by Michael H. Diamond, Douglas M. Kraus, Robert W. Wien, David M. Hashmall, New York City, of counsel.

GOETTEL, District Judge:

In the continuing quest for control over Treadway Companies, Inc. ("Treadway"), the defendants Care Corporation, Browne, and deJourno (the "Care defendants"), along with defendant Daniel Cowin ("Cowin"), have moved to dismiss all counts of the complaint.

The salient facts of this action have previously been stated in the Court's opinions of October 12, 1979, [1979] Fed.Sec.L.Rep. (CCH) ¶ 97,139 (S.D.N.Y.1979), and November 27...

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