READING INDUSTRIES, INC. v. KENNECOTT COPPER CORP.

No. 71 Civ. 1736.

477 F.Supp. 1150 (1979)

READING INDUSTRIES, INC., Readi-Fin Manufacturing Company, Inc., and Reading Metals Refining Corporation, Plaintiffs, v. KENNECOTT COPPER CORP., Chase Brass & Copper Co., Inc., Phelps Dodge Corp., Phelps Dodge Industries, Inc., Successor to Phelps Dodge Copper Products Corp., the Anaconda Co., and Anaconda American Brass Co., Defendants.

United States District Court, S. D. New York.

As Amended November 26, 1979.


Attorney(s) appearing for the Case

Kohn, Milstein & Cohen, Washington, D. C., for plaintiffs; Harold E. Kohn, Jerry S. Cohen, Michael D. Hausfeld, Washington, D. C., of counsel.

Sullivan & Cromwell, New York City, for the Kennecott and Chase defendants.

Debevoise, Plimpton, Lyons & Gates, New York City, for the Phelps Dodge defendants.

Chadbourne, Parke, Whiteside & Wolff, New York City, for the Anaconda defendants.


LASKER, District Judge.

Reading Industries, Inc., refines copper scrap and manufactures copper tubing. Defendants Kennecott Copper Corporation, Phelps Dodge Corporation, and The Anaconda Company, are large, vertically integrated firms which mine, mill, smelt, and refine copper. Together they produce about sixty percent of the refined copper used each year by the nation's copper fabricators, who transform refined copper into intermediate products such as copper wire...

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