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B.F. Goodrich Co. v. Northwest Industries Inc.

UNITED STATES COURT OF APPEALS FOR THE SECOND CIRCUIT


decided: February 7, 1969.

THE B.F. GOODRICH COMPANY, PLAINTIFF-APPELLANT,
v.
NORTHWEST INDUSTRIES, INC., LOEW'S THEATERS, INC., BEN W. HEINEMAN AND LAURANCE A. TISCH, DEFENDANTS-RESPONDENTS

Anderson, Feinberg, Circuit Judges, and Mansfield, District Judge.*fn*

Author: Per Curiam

The determination of the issues presented to the District Court relative to the application for preliminary injunctive relief with respect to a proposed exchange offer to be made to the shareholders of the B. F. Goodrich Company, plaintiff-appellant, by Northwest Industries, Inc., defendant-appellee, was clearly within the discretion of that court. It found

"* * * no basis upon which it can be fairly contended that this is an instance of irreparable damage or injury which warrants the granting of an extraordinary injunction."

The judgment was conditioned upon the filing of the registration statement by the appellee, Northwest Industries, Inc., covering the securities proposed to be offered for the shares of appellant's stock. Since its entry the registration statement has been filed with the S. E. C. No reason has been advanced by the appellant which would warrant an interference by this court with the District Court's exercise of discretion and the judgment is hereby affirmed. We otherwise express no opinion as to the merits of the appellant's various causes of action.


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