ALLEGAERT v. PEROT

No. 257, Docket 76-7235.

548 F.2d 432 (1977)

Winthrop J. ALLEGAERT, as Trustee of duPont Walston Incorporated, Plaintiff-Appellant, v. H. Ross PEROT et al., Defendants-Appellees, and Douglas E. DeTata et al., Defendants.

United States Court of Appeals, Second Circuit.

Decided January 25, 1977.


Attorney(s) appearing for the Case

George A. Davidson, New York City (Hughes Hubbard & Reed; Robert J. Sisk, Karen G. Lind, New York City, on the brief), for plaintiff-appellant.

Richard P. Shlakman, Washington, D.C. (Leva, Hawes, Symington, Martin & Oppenheimer, Andrew D. Weissman, Washington, D.C., on the brief), for defendant-appellees E. D. Systems Corp., Electronic Data Systems Corp.

Samuel M. Koenigsberg, New York City (Guggenheimer & Untermyer, Harold Baer, Jr., New York City, on the brief), for defendants-appellees Daniel J. Cullen, William D. Fleming, Charles W. Cox, George T. Thomson.

Russell E. Brooks, New York City (Milbank, Tweed, Hadley & McCloy, Stephen E. Kowitt, New York City, on the brief), for defendant-appellee New York Stock Exchange, Inc.

Weil, Gotshal & Manges, Peter Gruenberger, James W. Quinn, Henry J. Tashman, New York City, for defendants-appellees H. Ross Perot, Milledge A. Hart, III, Morton H. Meyerson, PHM & Co., duPont Glore Forgan Inc.

Luce Hennessy Smith & Castle, Thomas W. Luce, III, Robert Powell, Dallas, Tex., for defendants-appellants William K. Gayden, Marvin L. Stauffer, Charleston Investment Co., Margot Perot.

Before MOORE, FEINBERG and GURFEIN, Circuit Judges.


FEINBERG, Circuit Judge:

This case raises significant questions regarding the interplay between the powers of a bankruptcy trustee and the policy of United States Arbitration Act, 9 U.S.C. §§ 1-14. Winthrop J. Allegaert, bankruptcy trustee of duPont Walston Incorporated (Walston), appeals from two orders of the United States District Court for the Southern District of New York, Whitman Knapp, J., which stay the trustee's action against 20 defendants and...

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