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ICD HOLDINGS S.A. v. FRANKEL

No. 96 CIV. 2499(LAK).

976 F.Supp. 234 (1997)

ICD HOLDINGS S.A., Plaintiff, v. Alfred M. FRANKEL, et al., Defendants.

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

September 5, 1997.

Attorney(s) appearing for the Case

Robert A. Weiner, Y. David Scharf, Mary E. Mullin, McDermott, Will & Emery, for Plaintiff.

Ira S. Sacks, Alex Lipman, Daniel L. Abrams, Fried, Frank, Harris, Shriver & Jacobson, for Defendants Alfred M. Frankel and Jacques Leviant.

Claude M. Tusk, David S. Hoffner, Shereff, Friedman, Hoffman & Goodman, LLP, for Defendant Richard A. Eisner & Co.

MEMORANDUM OPINION

KAPLAN, District Judge.

The plaintiff in this case was the purchasing vehicle in a 1994 management buyout of ICD, Inc. ("ICD"), a large international dealer in petrochemical based commodities. It brings this action against Alfred M. Frankel and Jacques Leviant, who sold the ICD shares to plaintiff, and Richard A. Eisner & Co. ("Eisner"), certified public accountants who prepared certain materials contemplated by the purchase agreement...

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