VENTURE FUND, ETC. v. WILLKIE FARR & GALLAGHER

No. 75 Civ. 5978.

418 F.Supp. 550 (1976)

VENTURE FUND (INTERNATIONAL) N. V. (by Jacob A. Schiltkamp and D. G. Hartog—Its Trustees in Bankruptcy and Trustees in Liquidation), Plaintiff, v. WILLKIE FARR & GALLAGHER et al., Defendants.

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

August 13, 1976.


Attorney(s) appearing for the Case

Forsyth, Decker, Murray & Broderick, New York City, for plaintiff; Vincent L. Broderick, John Linsenmeyer, Samuel J. Murray, New York City, of counsel.

Kostelanetz, Ritholz & Mulderig, New York City, for defendants Conwill, Merritt and D'Alimonte; Edward J. Daus, New York City, of counsel.

Cahill, Gordon & Reindel, New York City, for Willkie, Farr & Gallagher; Floyd Abrams, James J. Foster, Sandra S. Baron, New York City, of counsel.


OPINION

FRANKEL, District Judge.

Asserting claims under the antifraud provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934, the complaint invokes § 22(a) of the former, 15 U.S.C. § 77v, § 27 of the latter, 15 U.S.C. § 78aa, and 28 U.S.C. § 1337 as grounds for this court's jurisdiction.1 The plaintiffs are the trustees of Venture...

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