Smith v. Winthrop
Court of Appeals for the Second Circuit
1Opinion of the Court
ROBERT P. ANDERSON, Circuit Judge:
Sapphire Steamship Lines, Inc. (Sapphire), prior to its adjudication as a bankrupt, instituted an action to recover treble damages from several of its competitors for alleged antitrust violations. After bankruptcy intervened, the trustee, J. Read Smith, was substituted as plaintiff and was duly authorized by court order to retain Joseph L. Alioto as special counsel to prosecute the action.
Negotiations between the special counsel and counsel for the antitrust defendants resulted in a settlement offer of $1.600,000 in July, 1970. It was the position of the…
2Cases cited8 opinions
- In Re Progress Lektro Shave CorporationCourt of Appeals for the Second Circuit · 1941
- Guerin v. Weil, Gotshal & MangesCourt of Appeals for the Second Circuit · 1953
- In Re Porto Rican American Tobacco Co.Court of Appeals for the Second Circuit · 1941
- Consolidated Edison Co. of New York, Inc. v. National Labor Relations BoardCourt of Appeals for the Second Circuit · 1938
- Fed. Sec. L. Rep. P 94,150 Oliver R. Grace v. Daniel K. LudwigCourt of Appeals for the Second Circuit · 1973
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3Cited by1 opinion
- In The Matter Of Sapphire Steamship Lines, Inc.Court of Appeals for the Second Circuit · 1975