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KENNECOTT CORP. v. SMITH

Civ. No. 80-3770.

507 F.Supp. 1206 (1981)

KENNECOTT CORPORATION and KC Development Inc., Plaintiffs, v. James SMITH, Chief of the Bureau of Securities in the Division of Consumer Affairs in the Department of Law and Public Safety of the State of New Jersey; John J. Degnan, Attorney General of the State of New Jersey; and Curtiss-Wright Corporation, Defendants.

United States District Court, D. of New Jersey.

January 30, 1981.

Attorney(s) appearing for the Case

Lum, Biunno & Tompkins by William B. McGuire, Newark, N. J., Sullivan & Cromwell by Richard J. Urowsky, D. Stuart Meiklejohn, New York City, for plaintiffs.

Crummy, Del Deo, Dolan & Purcell by John T. Dolan, Newark, N. J., Wachtell, Lipton, Rosen & Katz by Paul Vizcarrondo, Robert Mazur, Eric Roth, New York City, for defendant Curtiss-Wright Corp.

John J. Degnan, Atty. Gen. of N. J., by Ronald S. Blumstein, Deputy Atty. Gen., Newark, N. J., for defendant James Smith.

OPINION

SAROKIN, District Judge.

FINDINGS OF FACT

I. THE PARTIES

Kennecott Corporation is a New York corporation with its principal executive offices located at Stamford, Connecticut. Kennecott is an integrated producer of metals (including copper, molybdenum, lead, zinc, iron, titanium, silver and gold), other minerals and various metal and industrial products. KC Development Inc. is a Delaware corporation organized for the purpose of...

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