DRANEY v. WILSON, MORTON, ASSAF & McELLIGOTT

No. CIV 79-1029 PHX CLH.

592 F.Supp. 9 (1984)

Charles T. DRANEY, individually and as representative of a bondholder class, Plaintiff, v. WILSON, MORTON, ASSAF & McELLIGOTT, et al., Defendants.

United States District Court, D. Arizona.

Supplemental Opinion September 17, 1984.


Attorney(s) appearing for the Case

F. Pendleton Gaines, III, Alvin H. Shrago, Katherine M. Harmeyer, Evans, Kitchel & Jenckes, P.C., Phoenix, Ariz., R. Alan Stotsenburg, David C. Harrison, R. Alan Stotsenburg, P.C., New York City, for plaintiff and the Bondholder Class.

Rogers & Wells, Mitchell L. Lathrop, Terrence L. Bingman, San Diego, Cal., Jennings, Strouss & Salmon, John G. Sestak, Jr., Phoenix, Ariz., for defendants Wilson, Morton, Assaf & McElligott; Wilson, Jones, Morton & Lynch; Ernest A. Wilson and Marjorie Wilson; Gerald A. Laster and Jo Laster; Kenneth I. Jones and Judy Jones; James T. Morton; Andrew C. Hall and Katherine S. Hall; Nancy J. Roth and Harry A. Mooney.

O'Connor, Cavanagh, Anderson, Westover, Killingsworth & Beshears, Scottsdale, Donald E. Dyekman, Scottsdale, Ariz., for Jerry and Gudrun Tokoph, IPI of Arizona, Inc., and IPI Community Builders, Inc.

David S. Shughart, II, Phoenix, Ariz., for defendants Pinal County, Mountainview Estates County Improvement District and Jay and Mary Bateman.

Gallagher & Kennedy, Michael L. Gallagher, Kevin E. O'Malley, Phoenix, Ariz., for defendants Thomas A. and Josephine McCarville; Stanfield McCarville Coxon Cole & Fitzgibbons; and Stanfield McCarville, Coxon & Cole.

Brown & Bain, P.A., George E. Hilty, C. Randall Bain, Phoenix, Ariz., for defendant TES Farms and David and Edna Rich.


MEMORANDUM OPINION AND ORDER

HARDY, District Judge.

During the pretrial conference, the Court directed the defendants Pinal County, Mountainview Estates Improvement District and Jay Bateman (the County defendants) to produce evidence supporting their defense of reliance on advice of counsel alleged in their proposed form of pretrial order. The County defendants' submission discusses their reliance upon the advice of bond counsel generally but contains no...

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