Legal Opinion
Darrow v. Southdown, Inc.
Court of Appeals for the Fifth Circuit
Decided June 15, 1978No. Nos. 76-3782, 76-3915PublishedCited by 16 opinions
1Opinion of the Court
JOHN R. BROWN, Chief Judge:
We have before us two appeals taken from one settlement agreement approved by two District Court Judges in partial resolution of three class action-shareholders’ derivative suits. The defendants-appellants, D. Doyle Mize (Mize), and his wholly owned company, the Addis Corporation (Addis), claim that the District Court Judges approved the settlement agreement without holding the requisite hearings, without sufficiently evaluating its terms, and without explaining why it was found “fair and reasonable.” For the reasons given below, we affirm the judgments of approval…
2Cases cited4 opinions
- Fed. Sec. L. Rep. P 95,807 in Re the Pittsburgh and Lake Erie Railroad Company Securities and Antitrust Litigation, Appeal of Objector Irving Trust Company, as TrusteeCourt of Appeals for the Third Circuit · 1976
- Peter E. Blum v. Morgan Guaranty Trust Company of New YorkCourt of Appeals for the Fifth Circuit · 1976
- Goldstein v. Andresen & Co.Court of Appeals for the Fifth Circuit · 1972
- Dorfman v. Chemical BankDistrict Court, S.D. New York · 1972
3Cited by16 opinions
- Weinman v. Fidelity Capital Appreciation Fund (In Re Integra Realty Resources, Inc.)Court of Appeals for the Tenth Circuit · 2001
- In Re Beef Industry Antitrust Litigation, M. D. L. Docket No. 248. Meat Price Investigators Association v. Iowa Beef Processors, Inc., and Farr Farms Company and Farr Feeders, Inc., Darrell Cameron v. Iowa Beef Processors, Inc., and Farr Farms Company and Farr Feeders, Inc., Don Ludvigson v. Iowa Beef Processors, Inc., and Farr Farms Company and Farr Feeders, Inc., in Re Beef Industry Antitrust Litigation, M. D. L. No. 248. Meat Price Investigators Association v. Iowa Beef Processors, Inc. v. Spencer Foods, Inc., Darrell Cameron v. Iowa Beef Processors, Inc. v. Spencer Foods, Inc., Don Ludvigson v. Iowa Beef Processors, Inc. v. Spencer Foods, Inc., in Re Beef Industry Antitrust Litigation, M. D. L. No. 248. Don Ludvigson v. Iowa Beef Processors, Inc. And Mbpxl CorporationCourt of Appeals for the Fifth Circuit · 1979
- Schick Inc. v. Amalgamated Clothing & Textile Workers UnionCourt of Chancery of Delaware · 1987
- National Ass'n of Chain Drug Stores v. New England Carpenters Health Benefits FundCourt of Appeals for the First Circuit · 2009
- Knight v. AlabamaCourt of Appeals for the Eleventh Circuit · 1994
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