INGENITO v. BERMEC CORP.

Nos. 70 Civ. 4077, 70 Civ. 5306 and 70 Civ. 5644.

441 F.Supp. 525 (1977)

Robert INGENITO and James F. Cear, Plaintiffs, v. BERMEC CORPORATION et al., Defendants. Edward O'SHEA et al., Plaintiffs, v. STATE MUTUAL LIFE ASSURANCE COMPANY OF AMERICA et al., Defendants. Morton BICKART et al., Plaintiffs, v. BERMEC CORPORATION et al., Defendants.

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

As Amended November 3, 1977.


Attorney(s) appearing for the Case

Powers & Gross, New York City, for plaintiffs.

Wachtell, Lipton, Rosen & Katz, New York City, for State Mutual Life Assur. Co. of America, Richard H. Wilson and C. John McCloughan, Jr.

Rubin, Baum, Levin, Constant & Friedman, New York City, for Herman L. Meckler, Herbert R. Degnan & Eugene V. Freed.

Paul, Weiss, Rifkind, Wharton & Garrison, New York City, for Collateral Factors Corp. and Benjamin Cohen.

Aranow, Brodsky, Bohlinger, Benetar & Einhorn, New York City, for Budget Financial Corp.

White & Case, New York City, for Civic Southern Factors Corp.

Nemeroff, Jelline, Danzig, Paley & Kaufman, New York City, for West End Livestock, Inc.

Demov, Morris, Levin & Shein, New York City, for Jack Dick.

Morton Ginsberg, New York City, for Herbert Prentice, Robert Segal and Sheldon Bendit.

Glass, Greenberg, Irwin, Pellman & Slade, New York City, for Citor Puig and Victor Puig.

Burns, Jackson, Miller, Summit & Jacoby, New York City, for Trustee for Black Watch Farms, Inc. and Black Watch Herds Corp.

Graubard, Moskovitz, McGoldrick, Dannett & Horowitz, New York City, for Trustee for Bermec Corp.

Curtis, Mallet-Prevost, Colt & Mosle, New York City, for Arthur Andersen & Co.

Cadwalader, Wickersham & Taft, New York City, for Empire National Bank.

Lankenau Kovner, Bickford & Abrons, New York City, for William C. Ragals, Jr.

Joseph Bonura, pro se.


LASKER, District Judge.

Plaintiffs Robert Ingenito and James Cear (hereinafter jointly referred to as Ingenito), Martin Yarvis (Yarvis) and Morton Bickart (Bickart) are (or were) losing investors in the Black Watch Farms, Inc. (Black Watch) enterprise. Our earlier opinion, Ingenito v. Bermec Corporation, 376 F.Supp. 1154 (S.D.N.Y.1974), describes the nature of Black Watch, which offered for sale herds of cattle. Purchased...

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