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DRILLING v. BERMAN

No. C9-98-1571.

589 N.W.2d 503 (1999)

Lloyd DRILLING, et al., on Behalf of Themselves and Derivatively, on Behalf of Grand Casinos, Inc., Appellants, v. Lyle BERMAN, et al., Respondents, Grand Casinos, Inc., Respondent.

Court of Appeals of Minnesota.

March 9, 1999.

Attorney(s) appearing for the Case

Karl L. Cambronne, Becky L. Erickson, Chestnut & Brooks, P.A., Minneapolis, MN, Kevin Roddy, Milberg Weiss Bershad Hynes & Lerach, LLP, Los Angeles, CA (attorneys for appellants)

Craig W. Gagnon, Michael E. Keyes, Thomas E. Ring, Oppenheimer, Wolff & Donnelly, Minneapolis, MN (attorneys for respondent Grand Casinos)

Michael Berens, Kelly & Berens, P.A., Minneapolis, MN (attorneys for respondents Lyle Berman, et al.)

Considered and decided by HALBROOKS, Presiding Judge, CRIPPEN, Judge, and HOLTAN, Judge.

OPINION

HALBROOKS, Judge.

Appellants Lloyd Drilling, Carolyn Chalmers, Eric S. Janus and Brickell Partners appeal from a judgment dismissing their shareholder derivative claims against respondent Grand Casinos, Inc. and individual respondents Lyle Berman, Patrick R. Cruzen, Timothy J. Cope, Stanley M. Taube, David W. Anderson, Morris Goldfarb, Ronald Kramer, and David L. Rogers. We affirm.

FACTS

Respondent Grand Casinos, Inc. (Grand) is...

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