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CROWN ZELLERBACH CORP. v. GOLDSMITH

No. 85 Civ. 2866 (GLG).

609 F.Supp. 187 (1985)

CROWN ZELLERBACH CORPORATION, Plaintiff, v. Sir James GOLDSMITH, CZC Acquisition Corp., GOSL Acquisition Corp., General Oriental Securities Limited Partnership, General Oriental Securities Limited, General Oriental Investments Limited, Compania Financiers Lido, Enderbury Financial, Inc., the Brunneria Foundation, Oriental and American Investments Limited, and O & A Limited, Defendants.

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

May 14, 1985.

Attorney(s) appearing for the Case

Sullivan & Cromwell, New York City (William R. Norfolk, of counsel), for plaintiff.

Skadden, Arps, Slate, Meagher & Flom, New York City (George A. Zimmerman, of counsel), for defendants.

CANNELLA, District Judge:

Plaintiff's application for an order enjoining defendants from purchasing any additional shares of Crown Zellerbach Corporation ["Crown"] is denied.

FACTS

The Court, sitting as the Part One Judge, heard oral argument this afternoon from both sides and has carefully considered the brief and affidavit submitted this morning from plaintiff. Defendants are engaged in a well-publicized hostile takeover bid for Crown. Defendants...

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