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STRATFORD GROUP. LTD. v. INTERSTATE BAKERIES

No. 84 Civ. 1476 (RWS).

590 F.Supp. 859 (1984)

The STRATFORD GROUP, LTD., DPF Asset Management Corp., and DPF Computer Leasing Corporation, Plaintiffs, v. INTERSTATE BAKERIES CORPORATION and Foster Bam, Defendants.

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

July 10, 1984.

Attorney(s) appearing for the Case

Proskauer, Rose, Goetz & Mendelsohn, New York City (Stephen Rackow Kaye, Bruce E. Fader, Eileen Reinhardt, Bradley I. Ruskin, New York City, of counsel), for plaintiffs.

Kramer, Levin, Nessen, Kamin & Frankel, New York City (Thomas H. Moreland, Joseph A. Greenaway, Donald J. Olenick, New York City, of counsel), for defendants.

OPINION

SWEET, District Judge.

On January 31, 1984, The Stratford Group, Ltd., DPF Asset Management Corp. and DPF Computer Leasing Corporation (collectively "Stratford") commenced an action (the "Stratford action") against Interstate Bakeries Corporation ("Interstate") and Foster Bam ("Bam"), a director of Interstate, in New York Supreme Court, alleging breach of fiduciary duty, breach of contract, fraudulent misrepresentation, inducing breach of contract...

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