JOHN T. METCALF et aI., Plaintiffs,
v.
SOPHOCLES N. ZOULLAS et al., Defendants.
United States District Court, S.D. New York.https://leagle.com/images/logo.png
January 19, 2012.
January 19, 2012.
Attorney(s) appearing for the Case
Michael G. Bongiorno , Wilmer Cutler Pickering Hale & Dorr, L.L.P. (NY), representing Eagle Bulk Shipping Inc., (Nominal Defendant).
Michael G. Bongiorno , Wilmer Cutler Pickering Hale & Dorr, L.L.P. (NY), representing Alan S. Ginsberg, Alexis P. Zoullas, David B. Hiley, Douglas P. Haensel, Forrest E. Wylie, Jon Tomasson, Joseph M. Cianciolo, Sophocles N. Zoullas, Thomas B. Winmill, (Defendants).
Jeffrey Malcolm Dine , Seward & Kissel LLP, representing Alan S. Ginsberg, Alexis P. Zoullas, David B. Hiley, Douglas P. Haensel, Forrest E. Wylie, Jon Tomasson, Joseph M. Cianciolo, Sophocles N. Zoullas, Thomas B. Winmill, (Defendants).
Shauna Kathleen Friedman , Wilmer Cutler Pickering Hale & Dorr, L.L.P. (NY), representing Alan S. Ginsberg, Alexis P. Zoullas, David B. Hiley, Douglas P. Haensel, Forrest E. Wylie, Jon Tomasson, Joseph M. Cianciolo, Sophocles N. Zoullas, Thomas B. Winmill, (Defendants).
Gregory Edward Keller , Chitwood Harley Harnes LLP, representing John T. Metcalf, (Plaintiff).
Bruce G. Paulsen , Seward & Kissel LLP, representing Eagle Bulk Shipping Inc., (Nominal Defendant).
Bruce G. Paulsen , Seward & Kissel LLP, representing Alan S. Ginsberg, Alexis P. Zoullas, David B. Hiley, Douglas P. Haensel, Forrest E. Wylie, Jon Tomasson, Joseph M. Cianciolo, Sophocles N. Zoullas, Thomas B. Winmill, (Defendants).
Carol S. Shahmoon CHITWOOD HARKEY HARNES LLP, representing John T. Metcalf, (Plaintiff).
United States District Court, S.D. New York.
OPINION AND ORDER DENYING DEFENDANTS' MOTION TO DISMISS
ALVIN K. HELLERSTEIN, District Judge.
This derivative shareholder action is brought by Plaintiffs to assert claims on behalf of Eagle Bulk Shipping Inc. ("Eagle"), a Republic of the Marshall Islands corporation engaged primarily in the ocean transport of bulk cargoes. The essence of Plaintiffs' allegations is that since 2007 Eagle has been operated by its Directors and executive officers primarily to...
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