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TRANS WORLD CORP. v. ODYSSEY PARTNERS

No. 83 Civ. 1939 (MEL).

561 F.Supp. 1311 (1983)

TRANS WORLD CORPORATION, Plaintiff, v. ODYSSEY PARTNERS, Jack Nash, Leon Levy, Lester Pollack, Bert Fingerhut, Oppenheimer Holdings, Inc., Oppenheimer & Co., Inc., Oppenheimer Capital Corp., Oppenheimer Fund, Oppenheimer Special Fund, Oppenheimer Option Income Fund, Hamilton Funds, Inc., Centennial Growth Fund, Bishopsgate Trust PLC, Electra Investment Trust P.L.C., Hambros Investment Company A.G., Hambros Investment Trust PLC, Kavilco, Incorporated, Mr. Investment Associates, NR Investment Associates, Royston Investments Co., Eugene S. Rosenfeld and S.G. Warburg & Co., Ltd., Defendants.

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

March 23, 1983.

Attorney(s) appearing for the Case

Wachtell, Lipton, Rosen & Katz, New York City, for plaintiff.

Weil, Gotshal & Manges, New York City, for defendants Odyssey Partners, Leon Levy, Jack Nash and Lester Pollack; Dennis J. Block, Irwin H. Warren, Joseph S. Allerhand, New York City, of counsel.

LASKER, District Judge.

On March 8, 1983 defendant Odyssey Partners ("Odyssey"), a shareholder of Trans World Corporation ("Trans World"), served on Trans World a demand for a list of Trans World's stockholders. After waiting for a response to the demand for the five-day period required under Delaware law,1 Odyssey filed suit in the Delaware Chancery Court on March 14, 1983, seeking an order directing Trans World to furnish Odyssey with...

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