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COLECO INDUSTRIES, INC. v. BERMAN

Civ. A. No. 73-2790.

423 F.Supp. 275 (1976)

COLECO INDUSTRIES, INC., Plaintiff, v. Abe BERMAN et al., Defendants, v. ZELNICK, SOBELMAN & COMPANY, Third-Party Defendants.

United States District Court, E. D. Pennsylvania.

As Amended December 1, and December 21, 1976.

Attorney(s) appearing for the Case

David Berger, Richard A. Sprague, Michael K. Simon, Philadelphia, Pa., for plaintiff.

Theodore R. Mann, Daniel V. B. Pierson, E. Harris Baum, Glenn C. Equi, Bruce D. Lombardo, Philadelphia, Pa., for defendants.

OPINION AND ORDER

HUYETT, District Judge.

INTRODUCTION

This dispute arose, we have concluded after months of considering the legal and factual convolutions of this case, out of the frustration and need to assign fault engendered when an important business deal went sour. On June 4, 1973, after two and one-half months of negotiation, plaintiff Coleco Industries, Inc. (Coleco), a Connecticut manufacturer of recreational products, including toys,...

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