ERNST & ERNST v. UNITED STATES DIST. CT., SO. DIST. OF TEX.

No. 30097.

439 F.2d 1288 (1971)

ERNST & ERNST et al., Petitioners, v. UNITED STATES DISTRICT COURT FOR the SOUTHERN DISTRICT OF TEXAS, and the Honorable Allen B. Hannay, Judge of Said Court, Respondents.

United States Court of Appeals, Fifth Circuit.

February 25, 1971.


Attorney(s) appearing for the Case

Grant Cook, Houston, Tex., for Ernest M. Hall, Jr.

E. D. Vickery, of Royston, Rayzor & Cook, Houston, Tex., Frank C. Heath, Patrick F. McCartan, of Jones, Day, Cockley & Reavis, Cleveland, Ohio, for Ernst & Ernst, Newman T. Halverson, Clarence T. Isensee and John F. Maurer.

William T. Kirby, James T. Griffin, of Hubachek, Kelly, Rauch & Kirby, Chicago, Ill., Ben H. Schleider, Jr., of Dillingham & Schleider, Houston, Tex., for A. G. Becker and Co., Inc. and Daniel J. Good.

William R. Eckhardt, of Vinson, Elkins, Searls & Connally, Houston, Tex., for David C. Bintliff, Brazos Valley Cotton Oil Co., Inc. and Jack G. Taylor.

J. Edwin Fleming, Patrick E. Higginbotham, Ernest E. Figari, Jr., Charles R. Haworth, of Coke & Coke, Dallas, Tex., for First National Bank in Dallas, Gene H. Bishop and William D. Breedlove.

John G. Tucker, J. Hoke Peacock, II, of Orgain, Bell & Tucker, Beaumont, Tex., for Paine, Webber, Jackson & Curtis.

B. J. Bradshaw, James C. Slaughter, of Fulbright, Crooker, Freeman, Bates & Jaworski, Houston, Tex., for Bank of the Southwest National Assn. of Houston.

Ray G. Besing, of Geary, Brice, Barron & Stahl, Dallas, Tex., for Goodkind & Co., Inc. and Ling & Co., Inc.

Robert E. Morse, Jr., of Vinson, Elkins, Searls & Connally, Houston, Tex. for Kenneth W. Dusek.

Richard P. Keeton, of Vinson, Elkins, Searls & Connally, Houston, Tex., for Arthur Belfer.

Duncan Boeckman, of Golden, Burrow, Potts & Boeckman, Dallas, Tex., for Weber, Hall, Cobb & Caudle, Inc.

John A. Murray, Jr., of Ramsey & Murray, Houston, Tex., John J. Enright, of Arvey, Hodes & Mantynband, Chicago, Ill., for John M. Pogue, Jr.

Raymond A. Cook, James W. Dilworth, Fred Knapp, Jr., of Andrews, Kurth, Campbell & Jones, Houston, Tex., for respondents.

Before GODBOLD, CLARK and INGRAHAM, Circuit Judges.


GODBOLD, Circuit Judge:

This petition for a writ of mandamus arises from proceedings commenced by the Trustee in Chapter X reorganization of Westec Corporation. The Trustee brought suit in the United States District Court for the Southern District of Texas against 93 defendants, including numerous banks and securities firms and an accounting firm. He alleged in detail a massive and multifaceted stock manipulation scheme by Westec officers and insiders, participated...

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