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BRANIFF AIRWAYS, INC. v. LTV CORP.

Civ. A. No. 3-77-0329-G.

479 F.Supp. 1279 (1979)

BRANIFF AIRWAYS, INC. v. The LTV CORPORATION.

United States District Court, N. D. Texas, Dallas Division.

October 19, 1979.

Attorney(s) appearing for the Case

Ethan B. Stroud, Dan McElroy, Cameron Dee Sewell, M. J. Vanden Eykel, Stroud & Smith, Dallas, Tex., Alan R. Bromberg, Jenkins & Gilchrist, Dallas, Tex., for plaintiff.

Michael V. Powell, Morris Harrell, Rain, Harrell, Emery, Young & Doke, Dallas, Tex., for defendant; J. J. Karl, Asst. Gen. Counsel, The LTV Corp., Dallas, Texas, of counsel.

MEMORANDUM OPINION AND ORDER

PATRICK E. HIGGINBOTHAM, District Judge.

I.

This action by Braniff Airways, Inc. ("Braniff") against The LTV Corporation ("LTV") seeking damages for alleged securities fraud, breach of contract, and corporate mismanagement — now before the court on LTV's motion for partial summary judgment — has its genesis in a rather complex series of corporate maneuvers, a summary of which is prerequisite to an understanding...

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