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CITY CAPITAL ASSOCIATES LTD. v. INTERCO, INC.

Civ. A. No. 88-424-JJF.

696 F.Supp. 1551 (1988)

CITY CAPITAL ASSOCIATES LIMITED PARTNERSHIP, Cardinal Holdings Corp. and Cardinal Acquisition Corp., Plaintiffs, v. INTERCO, INC., et al., Defendants. INTERCO, INC., Counterclaimant and Third Party Plaintiff, v. CARDINAL ACQUISITION CORP., Cardinal Holdings Corp., City Capital Associates Limited Partnership, Counterclaim Defendants, and Steven M. Rales, Mitchell P. Rales, City GP I, Inc., City GP II, Inc., ASM Group, Inc. and Arthur M. Bylin, Third Party Defendants.

United States District Court, D. Delaware.

September 23, 1988.

Attorney(s) appearing for the Case

Robert E. Zimet (argued), and Jay B. Kasner, of Skadden, Arps, Slate, Meagher & Flom, New York City. Rodman Ward, Jr., and Randall Thomas-Peterhans, of Skadden, Arps, Slate, Meagher & Flom, Wilmington, Del., Steven D. Goldberg (argued), and John G. Mulford, of Theisen, Lank, Mulford & Goldberg, Wilmington, Del., for plaintiffs.

Michael W. Schwartz (argued), of Wachtell, Lipton, Rosen & Katz, New York City. John Michael Clear, and Terrence J. O'Toole, of Bryan, Cave, McPheeters & McRoberts, St. Louis, Missouri. Charles F. Richards, Jr. (argued), of Richards, Layton & Finger, Wilmington, Del., for defendants (Except Oberly and Harkins) and Counterclaimant and Third Party Plaintiff.

Grover C. Brown (argued), of Morris, James, Hitchens & Williams, Wilmington, Del., for defendants Oberly and Harkins.

FARNAN, District Judge.

OPINION

Plaintiff and counterclaim defendant, City Capital Associates ("City Capital"), brings this motion for a preliminary injunction against Interco Incorporated ("Interco"), the Attorney General of the State of Delaware, Charles M. Oberly, III, and the Secretary of State of Delaware, Michael E. Harkins, to enjoin the application and enforcement of the Delaware Business Combinations Statute, 8 Del.C. § 203 ("§...

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