F. Don Stockwell v. The Firestone Tire and Rubber Company

892 F.2d 84 NOTICE: Ninth Circuit Rule 36-3 provides that dispositions other than opinions or orders designated for publication are not precedential and should not be cited except when relevant under the doctrines of law of the case, res judicata, or collateral estoppel. F. Don STOCKWELL, Plaintiff-Appellant, v. The FIRESTONE TIRE AND RUBBER COMPANY, Defendant-Appellee. No. 88-5565. United States Court of Appeals, Ninth Circuit. Argued and Submitted Feb. 8, 1989. Decided Dec. 27, 1989. Before FLETCHER, PREGERSON, and LEAVY, Circuit Judges. 1 MEMORANDUM * OVERVIEW 2 F. Don Stockwell appeals the district court's grant of summary judgment in favor of Firestone Tire & Rubber Co. (Firestone). Firestone sold to First Boston Investments, Inc. (First Boston) its shares in Firestone's Costa Rica subsidiary, retaining as security a proxy to vote the shares in the resulting corporation, Industria Akron de Costa Rica, S.A. (Industria). Stockwell became employed as a Managing Director of Industria, removable only for cause. Stockwell sought substantial money advances and proposed to involve Industria in activities posing potential conflicts of interest. Industria's directors terminated…