N. A. A. C. P. v. NEW YORK CLEARING HOUSE ASS'N

No. 77 Civil 881.

431 F.Supp. 405 (1977)

NATIONAL ASSOCIATION FOR the ADVANCEMENT OF COLORED PEOPLE, National Organization for Women, National Organization for Women—New York State, Women Office Workers, Fight Back, Irene S. Lo Re, Jacqueline Edwards, and Jenny Green Lee, on behalf of themselves and all persons similarly situated, Plaintiffs, v. NEW YORK CLEARING HOUSE ASSOCIATION, Bank of New York, Bankers Trust Company, Chase Manhattan Bank, N.A., Chemical Bank, Citibank, N.A., Irving Trust Company, Manufacturers Hanover Trust Company, Marine Midland Bank, Morgan Guaranty Trust Company, National Bank of North America, and U.S. Trust Company, Defendants.

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

May 13, 1977.


Attorney(s) appearing for the Case

Eugene J. Leff, Isabelle Katz Pinzler, Diana H. Greene, National Employment Law Project, Inc., Barbara A. Morris, Director, New York City, Michael D. Kaufman, Nancy LeBlanc, MFY Legal Services, Inc., New York City, Nathaniel R. Jones, William D. Wells, N.A.A.C.P., New York City, for plaintiffs.

Sullivan & Cromwell, New York City, for defendants, New York Clearing House Ass'n, Bank of New York and Marine Midland Bank; John Dickey, New York City, of counsel.

Milbank, Tweed, Hadley & McCloy, New York City, for defendant, Chase Manhattan Bank, N.A.

Nickerson, Kramer, Lowenstein, Nessen, Kamin & Soll, New York City, for defendant, Chemical Bank.

Shearman & Sterling, New York City, for defendant Citibank, N.A.

Winthrop, Stimson, Putnam & Roberts, New York City, for defendant, Irving Trust Co.

Simpson, Thacher & Bartlett, New York City, for defendant, Manufacturers Hanover Trust Co.

Davis, Polk & Wardwell, New York City, for defendant, Morgan Guaranty Trust Co.

Carter, Ledyard & Milburn, New York City, for defendant, U. S. Trust Co. of New York.

Donovan, Leisure, Newton & Irvine, New York City, for defendant, Bankers Trust Co.

Cole & Deitz, New York City, for defendant, National Bank of North America.


OPINION

EDWARD WEINFELD, District Judge.

In this action for declaratory and injunctive relief under the antitrust laws, the defendants move to dismiss the complaint for failure to state a claim upon which relief can be granted on the ground that the plaintiffs lack standing to bring this action. The plaintiffs are five organizations which allege that they are devoted to the elimination of discrimination against...

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