SHARON STEEL CORPORATION, Plaintiff,
v.
The CHASE MANHATTAN BANK, N.A., Manufacturers Hanover Trust Company and United States Trust Company of New York, Defendants.
MANUFACTURERS HANOVER TRUST COMPANY, Third-Party Plaintiff,
v.
UV INDUSTRIES, INC., Third-Party Defendant.
CONNECTICUT MUTUAL LIFE INSURANCE COMPANY, et al., Intervenors,
v.
SHARON STEEL CORPORATION, Plaintiff,
and
UV Industries, Inc., Third-Party Defendant.
UNION PLANTERS NATIONAL BANK OF MEMPHIS, as Trustee, Plaintiff,
v.
UV INDUSTRIES, INC. and David Finkelstein, Arthur R. Gralla, Martin Horwitz, Edwin Jacobson, Theodore W. Kheel, and Paul Kolton, as Trustees of the UV Industries, Inc. Liquidating Trust, Defendants,
and
Sharon Steel Corporation, Defendant.
United States District Court, S. D. New York.https://leagle.com/images/logo.png
May 11, 1981.
May 11, 1981.
Attorney(s) appearing for the Case
Shearman & Sterling, New York City, for Sharon Steel Corp.; Stephen A. Oxman, Francis X. Markey, Robert J. Hausen, William J. F. Roll, III, New York City, of counsel.
Shea & Gould, New York City, for UV Industries, Inc.; Bruce A. Hecker, Ronald H. Alenstein, Ronald D. Lefton, New York City, of counsel.
Dewey, Ballantine, Bushby, Palmer & Wood, New York City, for Chase Manhattan Bank; Robert C. Myers, John F. Collins, Deborah B. Zwany, New York City, of counsel.
Kelley, Drye & Warren, New York City, for Manufacturers Hanover Trust Co.; Robert Ehrenbard, Edward Roberts, III, William A. Krohley, Paul Lubetkin, New York City, of counsel.
Rosenman Colin Freund Lewis & Cohen, New York City, for Connecticut Mutual Life Insurance Co., et al., Intervenors; Frank H. Wohl, Nadia C. Adler, Steven F. Miller, Lee A. Barkan, Donald M. Spector, Daniel R. Benson, New York City, of counsel.
Donovan, Leisure, Newton & Irvine, New York City, for Union Planters Nat. Bank of Memphis; J. Peter Coll, Jr., and Clarence Otis, Jr., New York City, of counsel.
United States District Court, S. D. New York.
OPINION
WERKER, District Judge.
Plaintiff, Sharon Steel Corporation ("Sharon"), commenced this action against defendants, The Chase Manhattan Bank, N.A. ("Chase"), Manufacturers Hanover Trust Company ("Manufacturers"), and United States Trust Company of New York ("U.S. Trust").1 Manufacturers impleaded UV Industries as a third-party defendant, and the holders of certain UV debentures...
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