In re BALDWIN-UNITED CORPORATION (SINGLE PREMIUM DEFERRED ANNUITIES INSURANCE LITIGATION)
Alaska, Arizona, California, Colorado, Connecticut, Florida, Hawaii, Idaho, Illinois, Iowa, Kentucky, Maryland, Massachusetts, Michigan, Minnesota, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Vermont, Washington and Wisconsin, Appellants,
Maine Attorney General James E. Tierney, Intervenor-Appellant.
United States Court of Appeals, Second Circuit.https://leagle.com/images/logo.png
Argued May 21, 1985.
Decided August 19, 1985.
Attorney(s) appearing for the Case
Richard Carlton, New York City (Melanie L. Cyganowski, Sullivan & Cromwell, New York City, of counsel), for defendant-appellee Kidder, Peabody & Co., Inc. and Defendants' Liaison Counsel.
David J. Bershad, New York City (Lawrence Milberg, Milberg Weiss Bershad Specthrie & Lerach, New York City, Marvin A. Miller & Associates, Ltd., Chicago, Ill., Saul, Ewing, Remick & Saul, Philadelphia, Pa., Berger & Montague, P.C., Philadelphia, Pa., Susman, Godfrey & McGowan, Houston, Tex., Greenfield & Chimicles, Haverford, Pa., of counsel), for plaintiffs-appellees and Plaintiffs' Steering Committee.
Cahill Gordon & Reindel, New York City (Charles A. Gilman, New York City, of counsel), for defendants-appellees Smith Barney, Harris Upham & Co., Inc. and other Broker-Dealers.
John Donohue, Chief, Ins. Div., Com. of Massachusetts, Boston, Mass. (Francis X. Bellotti, Atty. Gen. of the Com. of Massachusetts, Deborah Hiatt, Virginia Hoefling, Asst. Attys. Gen., Ins. Div., Boston, Mass., Paul O'Dwyer, O'Dwyer & Bernstien, New York City, of counsel), for appellant States.
James E. Tierney, Atty. Gen. of the State of Maine, Augusta, Me. (Peter J. Brann, Asst. Atty. Gen., Leanne Robbin, Asst. Atty. Gen., Augusta, Me., of counsel), for intervenor-appellant.
Before PRATT and MANSFIELD, Circuit Judges, and MacMAHON, District Judge.
United States Court of Appeals, Second Circuit.
MANSFIELD, Circuit Judge:
Thirty-one states appeal a preliminary injunction issued in the Southern District of New York by Judge Charles L. Brieant, Jr. in the course of a consolidated, multi-district, class action against various broker-dealers who sold securities of the now-bankrupt Baldwin-United Corporation and its insurance subsidiaries. Appellants, with the exception of the State of Maine, were neither parties to nor intervenors in the district court proceedings...
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