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PABST BREWING CO. v. JACOBS

Civ. A. No. 82-627.

549 F.Supp. 1068 (1982)

PABST BREWING COMPANY, a Delaware corporation, and William F. Smith, Jr., Plaintiffs, v. Irwin L. JACOBS, Dennis M. Mathisen, Daniel T. Lindsay and Gerald A. Schwalbach, individually and as members of the "Shareholders' Committee to Revitalize Pabst", Defendants. Irwin L. JACOBS, Rodney P. Burwell, Forrest Fraser, Paul Hallingby, Jr., Allan R. Johnson, Daniel T. Lindsay, Dennis M. Mathisen, Gerald A. Schwalbach, Sam Singer, Francis Tarkenton and Loraine Windham, Counterclaimants Third-Party Plaintiffs, v. PABST BREWING COMPANY, Thomas N. McGowen, Jr., William F. Smith, Jr., August U. Pabst, Thomas J. Donnelly, Karl Eller, Ira C. Herbert, Karl F. Hoenecke, William E. Kimberly, Sheldon B. Lubar, Frederick P. Stratton, Jr., and Raymond S. Troubh, Counterclaim Defendants Third-Party Defendants.

United States District Court, D. Delaware.

As Amended October 18, 1982.

Attorney(s) appearing for the Case

A. Gilchrist Sparks III and Lawrence A. Hamermesh of Morris, Nichols, Arsht & Tunnell, Wilmington, Del., Michael W. Schwartz and Eric M. Roth of Wachtell, Lipton, Rosen & Katz, New York City, and Michael, Best & Friedrich, Milwaukee, Wis., of counsel, for plaintiffs.

R. Franklin Balotti, Allen M. Terrell, Jr., and Jesse A. Finkelstein of Richards, Layton & Finger, Wilmington, Del., and Dennis J. Block, James W. Quinn, Charles J. Ferris, Joseph Allerhand, Yvette Miller and Surie Rudoff of Weil, Gotshal & Manges, New York City, for defendants.

OPINION

LATCHUM, Chief Judge.

Plaintiffs, Pabst Brewing Company and William F. Smith, Jr., its president, chief executive officer and shareholder (collectively referred to as "Pabst") have brought this action pursuant to 28 U.S.C. §§ 2201-2202 and Rule 57, F.R.Civ.P., seeking a declaratory judgment and also ancillary injunctive relief against the defendants, Irwin L. Jacobs, Dennis M. Mathisen, Daniel T. Lindsay and Gerald A. Schwalbach, individually...

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