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July 1, 1987


By CBR Staff Writer

The plaintiffs – or the lawyers seeing their fat no win no fees disappearing down the Delaware plug-hole – came up with some pretty desperate arguments in favour of the dissident shareholders’ suit against General Motors over the Ross Perot affair being heard in New York (CI No 713): applying impeccable logic, they ignored the fact that Perot and EDS are domiciled in Dallas and General Motors and its boss Roger Smith ply their trade in Detroit to argue passionately that the thing had to be heard right there in Foley Square because all the events surrounding the case are rooted in New York.

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