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TRANS WORLD AIRLINES, INC. v. HUGHES

Nos. 883, 834, Dockets 34902, 35114.

449 F.2d 51 (1971)

TRANS WORLD AIRLINES, INC., Plaintiff-Appellant, v. Howard R. HUGHES, Defendant, and Hughes Tool Company and Raymond M. Holliday, Defendants-Appellants.

United States Court of Appeals, Second Circuit.

Decided September 1, 1971.

Attorney(s) appearing for the Case

James V. Hayes, New York City (Ralstone R. Irvine, Mahlon F. Perkins, Jr., New York City, David A. Wier, of counsel; Donovan, Leisure, Newton & Irvine, Davis & Cox, New York City, on the brief), for defendants-appellants.

Dudley B. Tenney, New York City (Paul W. Williams, Immanuel Kohn, Marshall H. Cox, Jr., Abraham P. Ordover, Lawrence C. Browne, Michael P. Tierney, New York City of counsel; Cahill, Gordon, Sonnett, Reindel & Ohl, New York City, on the brief), for plaintiff-appellant.

Before SMITH, KAUFMAN and HAYS, Circuit Judges.

IRVING R. KAUFMAN, Circuit Judge:

We are presented in this case with cross-appeals from a final judgment entered April 14, 1970, premised upon a previous default judgment, in favor of plaintiff Trans World Airlines, Inc. (TWA) against defendants-appellants Hughes Tool Company and its chief financial officer, Raymond M. Holliday (Toolco), which, the district court tells us, 312 F.Supp. 478, at 480, is some thirty times greater...

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