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ATLAS CORP. v. BLASIUS INDUSTRIES, INC.

Civ. A. No. 88-59 LON.

705 F.Supp. 190 (1988)

ATLAS CORPORATION, Plaintiff, v. BLASIUS INDUSTRIES, INC., Blasius Limited Partnership, L & D Precision Limited Partnership, M.W.L. Enterprises, Limited, Warren Delano, Jr., Michael A. Lubin, William P. Shulevitz, Harold H. George, William B. Conner, Kenneth I. Greenstein, Andrew R. Heyer, Arnold W. MacAlonan and Thomas J. Murnick, Defendants.

United States District Court, D. Delaware.

March 4, 1988.

Attorney(s) appearing for the Case

Charles F. Richards, Jr., Samuel A. Nolen and C. Stephen Bigler of Richards, Layton & Finger, Wilmington, Del. (Kenneth R. Logan, Joseph F. Tringali and Brad N. Friedman of Simpson Thacher & Bartlett, New York City, of counsel), for plaintiff.

A. Gilchrest Sparks, III and Michael Houghton of Morris, Nichols, Arsht & Tunnell, Wilmington, Del. (Greg A. Danilow and Linds C. Goldstein of Kramer, Levin, Nessen, Kamin & Frankel, New York City, of counsel), for defendants.

OPINION

LONGOBARDI, District Judge.

This is a lawsuit arising under the federal security laws in which the Plaintiff, Atlas Corporation ("Atlas"), seeks injunctive relief. After the action was filed, Atlas moved for a preliminary injunction enjoining the Consent Solicitation of Atlas' shareholders instituted by the Defendants',1 Blasius Industries, Inc., Blasius Limited Partnership, L & D Precision Limited Partnership, M...

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