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PACIFIC INSURANCE COMPANY OF NEW YORK v. BLOT

No. 67 Civ. 1386.

267 F.Supp. 956 (1967)

PACIFIC INSURANCE COMPANY OF NEW YORK, Plaintiff, v. Emmet J. BLOT, Defendant.

United States District Court S. D. New York.

May 1, 1967.

Attorney(s) appearing for the Case

Lord, Day & Lord, New York City, for plaintiff, John W. Castles 3d, New York City, of counsel.

Shea, Gallop, Climenko & Gould, New York City, for defendant, Ralph L. Ellis, New York City, of counsel.

Philip A. Loomis, Jr., Gen. Counsel, and Walter P. North, Associate Gen. Counsel, Securities and Exchange Commission, Paul J. Kemp, Washington, D. C., as amicus curiae.

OPINION

HERLANDS, District Judge:

Plaintiff moves, by an order to show cause, for a preliminary injunction restraining defendant and his agents "from using or relying on any shares" of the plaintiff corporation acquired in violation of the federal securities laws "and from exercising any rights claimed to arise out of said shares for any purpose whatsoever, including, without limitation, for the purpose of compelling the disclosure of the stock records"...

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