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Business Associations Keyed to Bainbridge
Lovenheim v. Iroquois Brands, Ltd.
Citation:618 F.Supp. 554 (D.D.C. 1985)
Plaintiff Peter C. Lovenheim, owner of two hundred shares of common stock in Iroquois Brands, Ltd., seeks to bar Iroquois/Delaware from excluding from the proxy materials being sent to all shareholders in preparation for an upcoming shareholder meeting information concerning a proposed resolution he intends to offer at the meeting. Mr. Lovenheim’s proposed resolution relates to the procedure used to force-feed geese for production of pate de foie gras in France. Iroquois/Delaware has refused to allow information concerning Mr. Lovenheim’s proposal to be included in proxy materials being sent in connection with the next annual shareholders meeting. In doing so, Iroquois/Delaware relies on an exception to the general requirement of Rule 14a-8.
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