S. BELL TEL. & TEL. v. JOHN HANCOCK MUT. LIFE INS.

Civ. A. No. C80-1033A.

579 F.Supp. 1065 (1982)

SOUTHERN BELL TELEPHONE AND TELEGRAPH COMPANY and American Telephone and Telegraph Company, Plaintiffs, v. JOHN HANCOCK MUTUAL LIFE INSURANCE COMPANY, Defendant.

United States District Court, N.D. Georgia, Atlanta Division.

December 30, 1982.


Attorney(s) appearing for the Case

Harry S. Baxter, George B. Haley, Charles M. Dalziel, Jr., Keith M. Wiener, Kilpatrick & Cody, William F. Schneider, Drury B. Thompson, Atlanta, Ga., for plaintiffs.

Robert W. Patrick, Karen Wildau, Powell, Goldstein, Frazer & Murphy, Atlanta, Ga., for defendant.


ORDER

FORRESTER, District Judge.

Plaintiff, Southern Bell Telephone and Telegraph Company,1 (hereinafter "Southern Bell") filed this action alleging that defendant John Hancock Mutual Life Insurance Company (hereinafter "Hancock") breached a contract to issue to Southern Bell a Guaranteed Investment Contract (hereinafter "GIC") in the amount of $20 million at a return of 15.3% to be computed annually.

Southern Bell maintains...

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