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CREDIT & FINANCE CORP. LTD. v. WARNER & SWASEY CO.

79 Civ. 4523 (WK).

517 F.Supp. 134 (1981)

CREDIT & FINANCE CORP. LTD., Crescent Diversified Ltd., Mike Felkay, Glenhaven Ltd., Abraham Israeloff, Phyllis Israeloff, Clara E. Kellner, George A. Kellner, Carl B. Menges, Nat Miller Associates, Elizabeth B. Mott, Pimlico Associates, Polytechnic Organisation Ltd., Fred R. Nederlander, Elmer G. St. John, M. D., Margaret W. St. John, Sogo Sosha Limited, Samuel M. Stayman and Alfred Rand, as Agents for Star Investors, Wendy Jesser Stowe, Robert Winthrop, Jerry Roland and Donaldson, Lufkin & Jenrette, Inc., Plaintiffs, v. WARNER & SWASEY COMPANY and Ranco Incorporated, Defendants.

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

On Motion to Reargue July 6, 1981.

Attorney(s) appearing for the Case

Silverman & Harnes by Sidney B. Silverman, New York City, for plaintiffs.

Simpson, Thacher & Bartlett by Whitney North Seymour, Jr., New York City, for defendant Ranco; John F. Cambria, New York City, of counsel.

MEMORANDUM AND ORDER

WHITMAN KNAPP, District Judge.

In its opinion reversing our original judgment (486 F.Supp. 101) dismissing the amended complaint as against defendant Ranco Incorporated ("Ranco"), the Court of Appeals, speaking through Friendly, C. J. (638 F.2d 563), directed the taking of limited expedited discovery, at the conclusion of which "it may well be that ... Ranco will...

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