Republic National Life Insurance v. Beasley
District Court, S.D. New York
1Opinion of the Court
POLLACK, District Judge.
A settlement of two derivative stockholders’ suits has been negotiated and the Court is called upon pursuant to Rule 23.1 Fed.R. Civ.P., to determine its fairness, reasonableness and adequacy. The nominal party corporate defendant Republic (Republic National Life Insurance Company) on whose behalf the suits were brought, was realigned as a plaintiff in September 1976 for pretrial purposes. Independent Special Counsel for Republic negotiated the settlement after the realignment.
In addition to the settlement proposed, Special Counsel have moved on instructions of the…
2Cases cited27 opinions
- Johnson v. Georgia Highway Express, Inc.Court of Appeals for the Fifth Circuit · 1974
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Ashwander v. Tennessee Valley AuthoritySupreme Court of the United States · 1936
- City of Detroit v. Grinnell Corporation, Manhattan-Ward, Incorporated v. Grinnell Corporation, 1225 Vine Street Building, Inc. v. Grinnell CorporationCourt of Appeals for the Second Circuit · 1974
- Landy v. Federal Deposit InsuranceSupreme Court of the United States · 1974
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3Cited by21 opinions
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- Schaps v. Just Enough Corp. (In Re Pinto Trucking Service, Inc.)United States Bankruptcy Court, E.D. Pennsylvania · 1988
- In Re Oracle Securities LitigationDistrict Court, N.D. California · 1993
- Securities & Exchange Commission v. Drexel Burnham Lambert Inc. (In Re Drexel Burnham Lambert Group, Inc.)District Court, S.D. New York · 1991
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