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ICN MED. LABORATORIES v. ICN MED. LABORATORIES

Nos. 81-3496, 81-3508.

682 F.2d 1326 (1982)

ICN MEDICAL LABORATORIES, INC. EMPLOYEES' PROFIT SHARING PLAN, Plaintiff-Appellant/Cross-Appellee, v. ICN MEDICAL LABORATORIES, INC., nka ICN Pharmaceuticals, Inc., and ICN Pharmaceuticals, Inc., Defendants-Appellees/Cross-Appellants.

United States Court of Appeals, Ninth Circuit.

Decided July 26, 1982.

Rehearing Denied September 1, 1982.

Attorney(s) appearing for the Case

Richard A. Wyman, Portland, Or., for plaintiff-appellant/cross-appellee.

William C. Martin, Martin, Bischorf, Templeton, Biggs & Ericsson, Portland, Or., argued for defendants-appellees/cross-appellants; David P. Templeton, Martin, Bischoff, Templeton, Biggs & Ericsson, Portland, Or., on brief.

Before KILKENNY, GOODWIN and POOLE, Circuit Judges.

KILKENNY, Circuit Judge:

ICN Medical Laboratories, Inc. and ICN Pharmaceuticals, Inc. (the LABS) appeal from a district court judgment awarding ICN Medical Laboratories, Inc. Employees Profit Sharing Plan (the Plan) $2.9 million as the balance due on a $3.2 million property sale agreement between the parties. The LABS also appeal the court's award to the Plan of $826,734.00 in rent payments for leases between the LABS and the Plan for the period 1968-1973.

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