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SECURITIES & EXCHANGE COM'N v. GENERAL HOST CORP.

No. 73 Civil 275.

438 F.Supp. 105 (1977)

SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. GENERAL HOST CORPORATION et al., Defendants.

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

August 29, 1977.

Attorney(s) appearing for the Case

Thomas J. Loughran, Branch Chief, Richard B. Steinkamp, Atty., S. E. C., Washington, D. C., for plaintiff; William D. Moran, Regional Administrator, S. E. C., New York City, of counsel.

Holtzmann, Wise & Shepard, George M. Duff, Jr., Robert H. Werbel, of counsel; Harvey J. Goldschmid, Shea, Gould, Climenko & Casey, New York City, Milton S. Gould, Arnold S. Jacobs, New York City, of counsel; for defendants.

EDWARD WEINFELD, District Judge.

This is a motion by Allen & Company, Inc. ("Allen"), a defendant in this action, for the return of a $300,000 interest-bearing trust fund established by it pursuant to the terms of a final consent judgment. Hopefully, the determination of this motion, opposed by the plaintiff Securities and Exchange Commission ("SEC"), will be the closing and final chapter of the various litigations which followed in the wake of the contest for...

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