Holthusen v. Edward G. Budd Mfg. Co.

BARD, District Judge.

This matter is before me on the petitions of plaintiff and the intervening plaintiff for allowance of counsel fees and expenses which they have incurred in the prosecution of this action.

The suit by plaintiff was brought against the defendant to enjoin it from enacting a proposed new article to its bylaws authorizing its directors to grant to executive and administrative employees of defendant options to purchase its common stock at a specified price, and to restrain defendant from granting any such options. A motion for a preliminary injunction to prohibit the submission…