Legal Opinion
In Re Oklahoma Insurance Holding Co. Act Litigation
United States Judicial Panel on Multidistrict Litigation
Decided February 6, 1979No. 365PublishedCited by 4 opinions
1Opinion of the Court
OPINION AND ORDER
2Per curiam
I. BACKGROUND
This litigation consists of four actions pending in three districts: one in the Western District of Oklahoma; two in the Eastern District of Louisiana; and one in the Northern District of Illinois. These actions all involve the alleged ownership of shares of stock in United Founders Life Insurance Company (United Founders), which is headquartered in Oklahoma.
A. The Oklahoma Action and the Louisiana Actions
In a series of transactions in 1977, American Benefit Life Insurance Company (American Benefit) and its sole shareholder, Louis J. Roussel (Roussel), attempted…
3Cases cited4 opinions
- In Re Commercial Lighting Products, Inc. Contract LitigationUnited States Judicial Panel on Multidistrict Litigation · 1976
- In Re American Financial Corp. LitigationUnited States Judicial Panel on Multidistrict Litigation · 1977
- In Re Allen Compound Bow Patent LitigationUnited States Judicial Panel on Multidistrict Litigation · 1978
- In Re American Home Products Corp." Released Value" Claims LitigationUnited States Judicial Panel on Multidistrict Litigation · 1978
4Cited by4 opinions
- In Re Magic Marker Securities LitigationUnited States Judicial Panel on Multidistrict Litigation · 1979
- In re Penitentiary Postal Procedure LitigationUnited States Judicial Panel on Multidistrict Litigation · 1979
- In Re Sears, Roebuck & Co. Employment Practices LitigationUnited States Judicial Panel on Multidistrict Litigation · 1980
- In re Ecuadorian Oil Concession LitigationUnited States Judicial Panel on Multidistrict Litigation · 1980