United States Seventh Circuit

The Court affirmed the district court's grant to stay a derivative shareholder suit brought in federal court, under the abstention doctrine of Colorado River Water Conservation District v. US, 424 U.S. 800 (1976), finding that the suit was parallel to a similar state court proceeding and a stay would promote wise judicial administration.

Appellate Information

• Argued 04/07/2004
• Decided 07/19/2004
• Published 07/19/2004

Judges

• FLAUM, Chief Judge., Before FLAUM, Chief Judge, and DIANE P. WOOD and WILLIAMS, Circuit Judges.

Court

• United States Seventh Circuit

Counsel

• For Appellant:
  
• Bradley R. Matthews (argued), Robbins, Umeda & Fink, San Diego, CA, Patrick Sherlock, Chicago, IL, for Plaintiff-Appellant.


• For Appellees:
  
• Harold C. Hirshman (argued), Sonnenschein, Nath & Rosenthal, Chicago, IL, for Defendants-Appellees.