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UNITED CANSO OIL & GAS, LTD. v. CLARK

No. 80 Civ. 2832.

497 F.Supp. 111 (1980)

UNITED CANSO OIL & GAS, LTD., Plaintiff, v. Lawton L. CLARK, E. Keith Conrad, Billy R. Delp, John Duby, Donald L. Hiebert, Arthur J. Hohmann, J. William Holland, Thomas J. Jacobsen, George H. Laycraft, Robert W. St. Clair, Conrad-Burtt Industries, Ltd. and United Canso Oil & Gas, Ltd. Shareholders Committee, Defendants.

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

June 19, 1980.

Attorney(s) appearing for the Case

Coudert Brothers, New York City, for plaintiff; Joseph A. McManus, Susan Rothschild, New York City, of counsel.

Debevoise, Plimpton, Lyons & Gates, New York City, for defendants; Robert J. Geniesse, Adrienne Hale, Carol V. Schwartz, New York City, of counsel.

OPINION AND ORDER

OWEN, District Judge.

United Canso Oil & Gas Ltd. (the "Company") moves for a preliminary injunction to enjoin the United Canso Oil & Gas Ltd. Shareholders Committee (the "Committee") from making further proxy solicitations until defendants amend certain filings made by them with the Securities Exchange Commission (the "SEC"). Defendants are engaged in a proxy contest with incumbent management in an effort to replace the present...

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