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SPECTOR v. MERMELSTEIN

Nos. 988-990, Dockets 72-1939, 73-1198, 73-1209.

485 F.2d 474 (1973)

Raymond SPECTOR, Plaintiff-Appellee-Appellant, v. Milton E. MERMELSTEIN, Defendant-Appellant-Appellee.

United States Court of Appeals, Second Circuit.

Decided September 11, 1973.

Attorney(s) appearing for the Case

Simon H. Rifkind, New York City (Allan Blumstein, Jack Auspitz, Paul, Weiss, Rifkind, Wharton & Garrison, New York City, of counsel), for defendant-appellant-appellee.

Stuart A. Jackson, New York City (James J. Maloney, Melvin L. Schweitzer, John B. Koegel, Royall, Koegel & Wells, New York City, of counsel), for plaintiff-appellee-appellant.

Before FRIENDLY, FEINBERG and MANSFIELD, Circuit Judges.

MANSFIELD, Circuit Judge:

In this nine-year old, factually complex diversity suit by Raymond Spector against his attorney Milton E. Mermelstein, charging the latter with negligence and breach of fiduciary duty in his representation of Spector in certain business transactions, Judge J. Edward Lumbard, sitting by designation without a jury in the Southern District of New York, awarded $250,000 damages to Spector as compensation for loss suffered by him on two loans...

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