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AYERSLEE CORP., N.V. v. OVERLOOK SPONSOR CORP.

No. 82 Civ. 6173 (JES).

618 F.Supp. 1398 (1985)

AYERSLEE CORPORATION, N.V., Plaintiff, v. OVERLOOK SPONSOR CORP., Solstead Associates, Trabossom Associates, Bos Holding Corp., First Boston, Inc., G. Ware Travelstead, and Scott Lowry, Defendants.

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

October 7, 1985.

Attorney(s) appearing for the Case

Coudert Bros., New York City, for plaintiff; Mark D. LeBow, Laurie E. Cohen, New York City, of counsel.

Robinson, Silverman, Pearce, Aronsohn & Berman, New York City, for defendants Overlook Sponsor Corp. and Solstead Associates; Edward B. Schoen, George B. Yankwitt, Mark J. Sugarman, New York City, of counsel.

Shearman & Sterling, New York City, for defendants Trabossom Associates, G. Ware Travelstead, Bos Holding Corp., First Boston, Inc. and Solstead Associates; William J.F. Roll, III, New York City, of counsel.

OPINION AND ORDER

SPRIZZO, District Judge:

Plaintiff Ayerslee Corp., N.V. ("Ayerslee") and defendant Overlook Sponsor Corp. ("Overlook") formed Plaza 49 Associates, a limited partnership, for the purpose of constructing an office building in Manhattan called Tower 49. At all relevant times herein, Ayerslee has been the sole limited partner and Overlook has been the sole general partner of Plaza 49 Associates.

Ayerslee sues Overlook and others who...

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