Maxxam v. Maxxam

JACOBS, VICE CHANCELLOR Pending are two related post-trial motions in this consolidated shareholder derivative action brought on behalf of MAXXAM, Inc. (""MAXXAM"") and its wholly owned subsidiary, MCO Properties, Inc. (""MCOP""). The defendants are certain directors of MAXXAM, and Federated Development Co., (""Federated""), which is MAXXAM's controlling stockholder.