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ZEILER v. WORK WEAR CORP.

No. 76 Civ. 4790 (HFW).

450 F.Supp. 891 (1978)

Norman ZEILER, Plaintiff, v. WORK WEAR CORPORATION, Defendant.

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

April 7, 1978.

Attorney(s) appearing for the Case

Cunningham & Kaming, P. C., New York City, for plaintiff; Marc S. Krieg, New York City, of counsel.

Meyer, English, Cianciulli & Peirez, P. C., Mineola, N. Y., for defendant; Bernard S. Meyer, Jeffrey G. Stark, Mineola, N. Y., of counsel.

MEMORANDUM DECISION

WERKER, District Judge.

Plaintiff Norman Zeiler brings this action to recover principal and accrued interest on a series of 5% convertible subordinated debentures (the Debentures) which were issued to him by defendant Work Wear Corporation (Work Wear). Zeiler alleges that the occurrence of several specified events of default entitles him to accelerate Work Wear's obligations under the provisions of the debentures. The matter comes before...

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