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HASAN v. CLEVETRUST REALTY INVESTORS

No. 82-3691.

729 F.2d 372 (1984)

Dr. Malik M. HASAN and Seeme Hasan, Plaintiffs-Appellants, v. CLEVETRUST REALTY INVESTORS, et al., Defendants-Appellees.

United States Court of Appeals, Sixth Circuit.

Decided March 2, 1984.

Rehearing and Rehearing Denied May 4, 1984.

Attorney(s) appearing for the Case

Jerome Congress/Melvyn I. Weiss (argued), Milberg, Weiss, Bershad & Spectrie, New York City, Edward W. Cochran (Lead Counsel), Kohrman, Jackson & Weiss, Co., LPA, Cleveland, Ohio, for plaintiffs-appellants.

Daniel W. Hammer (argued), Thompson, Hine & Flory, Cleveland, Ohio, for CleveTrust Realty Investors.

Richard Cusick, Brian M. Eisenberg, Michael E. Brittian, Calfee, Halter & Griswold, Cleveland, Ohio, for Merchant Navy Officers.

Before MERRITT and JONES, Circuit Judges; and HOLSCHUH, District Judge.

Rehearing and Rehearing En Banc Denied May 4, 1984.

NATHANIEL R. JONES, Circuit Judge.

This shareholder derivative action is presently before the Court upon the appeal of stockholders, Dr. Malik M. Hasan and Seeme Hasan (Hasan), from an order of the district court, 548 F.Supp. 1146, granting appellees' motion for summary judgment. Appellants contend that summary judgment in favor of CleveTrust, eight trustees, an advising...

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