STROBL v. NEW YORK MERCANTILE EXCHANGE

No. 79 Civ. 1834 (LFM).

582 F.Supp. 770 (1984)

Joseph STROBL, Plaintiff, v. NEW YORK MERCANTILE EXCHANGE, Clayton Brokerage Co. of St. Louis, Inc., Heinold Commodities, Inc., Thomson and McKinnon, Auchincloss, Kohlmeyer, Inc., Ben Pressner, Pressner Trading Corp., John Richard Simplot a/k/a Jack Richard Simplot a/k/a J.R. Simplot, J.R. Simplot Company, Simplot Industries, Inc., Simplot Products Company, Inc., Peter J. Tagares a/k/a Peter J. Taggares, P.J. Taggares Company, C.L. Otter, SimTag Farms, Kenneth Ramm, A & B Farms, Inc., Hugh D. Glenn, Gearheart Farming, Inc., Ed McKay, Harvey Pollak, Henry Pollak, Henry Pollak, Inc., Henry A. Pollak & Company, Inc., Robert Reardon a/k/a Bobby Reardon, F.J. Reardon, Inc., Alex Sinclair, Sinclair & Company, Stephen Sondheimer, Charles Edelstein, James Landry a/k/a Jim Landry and Jerry Rafferty, jointly and severally, Defendants.

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

Reargument Denied July 11, 1984.


Attorney(s) appearing for the Case

Curtis, Mallet-Prevost, Colt & Mosle by Peter Fleming Jr., Scott J. McKay Wolas and Michael T. Zimmerman, New York City, for defendants John R. Simplot, J.R. Simplot Co., Simplot Industries, Inc., Peter J. Taggares, P.J. Taggares Co. and SimTag Farms.

Lovell & Westlow, and Leonard Toboroff, P.C., by Christopher Lovell, Edward J. Westlow, Victor E. Stewart and George F. Bramer, Jr., New York City, for plaintiff.


OPINION

MacMAHON, District Judge.

The lengthy procedural history of this case may be traced through the following decisions which also provide excellent back-ground and an understanding of commodity futures markets in general and Maine potato futures in particular: National Super Spuds, Inc. v. New York Mercantile Exchange, 470 F.Supp. 1256 (S.D.N.Y.1979) (denying implied right of action under Commodity Exchange...

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