David T. BISHOP, Plaintiff,
v.
COMMODITY EXCHANGE, INC., Raymond Nessim, Phibro Corp., formerly d/b/a Engelhard Minerals & Chemicals Corp., Phillip Brothers Div., Henry G. Jarecki, Mocatta Metals Corp., Edward W. Hoffstatter, Jr., Sharps-Pixley, Inc., Henry G. Eisenberg, Brandeis Goldschmidt & Co., Inc., Robert G. Gremald, Ametalco, Inc., Irving Redel, Redel Trading Company, Inc., Herbert J. Coyne, J. Aron & Co., Inc., Moses Marx and United Equities Commodities, Inc., Defendants.
United States District Court, S.D. New York.https://leagle.com/images/logo.png
May 11, 1983.
May 11, 1983.
Attorney(s) appearing for the Case
Kreindler & Kreindler, New York City, for plaintiff; Michel F. Baumeister, Donald I. Marlin, New York City, of counsel.
Wachtell, Lipton, Rosen & Katz, New York City, for defendant Phibro Corp., Paul Vizcarrondo, Jr., Richard B. Skaff, David Gruenstein, New York City, of counsel.
Cadwalader, Wickersham & Taft, New York City, for defendant Mocatta Metals Corp.; Earl H. Nemser, Howard R. Hawkins, Rosemary C. Byrne, New York City, of counsel.
Fried, Frank, Harris, Shriver & Jacobson, New York City, for defendant Sharps-Pixley, Inc.; Matthew Gluck, Brad E. Scheler, New York City, of counsel.
Willkie Farr & Gallagher, New York City, for defendant Brandeis Goldschmidt & Co., Inc.; Armando T. Belly, David G. Trachtenberg, of counsel.
Sullivan & Cromwell, New York City, for defendant Ametalco, Inc.; Richard J. Urowsky, D. Stuart Meiklejohn, Robert B. Calihan, New York City, of counsel.
Shereff, Friedman, Hoffman & Goodman, New York City, for defendant Redel Trading Co., Inc.; Jerome Marshak, Owen Heimer, New York City, of counsel.
Stroock & Stroock & Lavan, New York City, for defendant J. Aron & Co., Inc.; Melvin A. Brosterman, Robert Lewin, New York City, of counsel.
United States District Court, S.D. New York.
LASKER, District Judge.
This action arises from the rise and subsequent fall of silver prices in late 1979 and early 1980. Prior decisions of this Court relating to these events, Minpeco, S.A. v. ContiCommodity Services, Inc.,552 F.Supp. 332, and Gordon v. Hunt,558 F.Supp. 122, have involved the claims of traders holding short positions on the silver futures markets (the "shorts...
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