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C.R.A. REALTY CORP. v. TRI-SOUTH INVESTMENTS

No. 774, Docket 83-7798.

738 F.2d 73 (1984)

C.R.A. REALTY CORPORATION, Plaintiff-Appellant, v. TRI-SOUTH INVESTMENTS and Drexel Burnham Lambert, Inc., Defendants-Appellees.

United States Court of Appeals, Second Circuit.

Decided June 22, 1984.

Attorney(s) appearing for the Case

Lawrence N. Weiss, New York City (David Lopez, P.C., New York City, on the brief), for plaintiff-appellant.

Charles H. Miller, New York City (Michael P. Zweig, Hess, Segall, Guterman, Pelz, Steiner & Barovick, New York City, on the brief), for defendants-appellees.

Daniel L. Goelzer, Gen. Counsel, Washington, D.C. (Jacob H. Stillman, Associate Gen. Counsel, David A. Sirignano, Asst. Gen. Counsel, Gerard S. Citera, Paul Gonson, Washington, D.C., of counsel), for amicus curiae S.E.C.

Before NEWMAN and KEARSE, Circuit Judges, and TENNEY, District Judge.

KEARSE, Circuit Judge:

Plaintiff C.R.A. Realty Corporation ("CRA"), a shareholder of the nominal defendant Tri-South Investments ("TSI"), appeals from a final judgment of the United States District Court for the Southern District of New York, Abraham D. Sofaer, Judge, dismissing its complaint against defendant Drexel Burnham Lambert, Inc. ("Drexel"), which sought to recover amounts allegedly due TSI pursuant to §...

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