Cruickshank & Co. v. Dutchess Shipping Co.

GEORGE C. PRATT, Circuit Judge:

This is the second time this case has come before us. On the earlier appeal the corporate defendants, Dutchess Shipping Co., Ltd. (“Dutchess”) and International Ship Management, Inc. (“ISM”), did not appeal, but we reversed and dismissed the complaint as against the individual defendant, Stavros Sorros. Cruickshank & Co., Ltd. v. Sorros, 765 F.2d 20 (2d Cir.1985). Now, movant-appellants, who are not parties to the action, but who are the directors and officers of the corporate defendants, seek to intervene and gain the benefit of our decision in favor of Sorros…