ADELSON v. WORLD TRANSP., INC.

No. 85-3608-civ.

631 F.Supp. 504 (1986)

Barry ADELSON, Leopold Langlois, Jaime Melean, Monty Menhusen & Goldy Sheradsky, etc., Plaintiffs, v. WORLD TRANSPORTATION, INC., RTC Transportation, Inc., Investors Transportation Corporation, Worldco Services Group, Inc., Coast Financial Services, Inc., Oregon First Bank, Herman Finesod, Howard J. Golub and Ronald Davis, Defendants.

United States District Court, S.D. Florida.

March 31, 1986.


Attorney(s) appearing for the Case

Jonathan Fordin, Finley, Kumble, Wagner, Heine, Underberg, Manley & Casey, Miami, Fla., for defendant, Coast Financial Service, Inc.

Hendrik G. Milne, Squire, Sanders & Dempsey, Miami, Fla., for defendant, Oregon First Bank.

Sandra I. Tart, Reisman & Bryn, Miami, Fla., for defendants, World Transp., Inc., Worldco Services Group, Inc., M & J Holding Corp. and Herman Finesod.

Betsey L. Warwick, Welbaum Zook Jones & Williams, Law Offices of Samuel Sheradsky, Miami, Fla., for plaintiffs.

Timothy W. Ross, Culverhouse, Botts & Culverhouse, Miami, Fla., for defendant, Howard J. Golub.

Scott M. Bernstein, Greenberg, Traurig, Askew, Hoffman, Lipoff, Rosen & Quentel, P.A., Miami, Fla., for defendant, Ronald Davis.


ORDER GRANTING MOTION TO TRANSFER VENUE

ATKINS, District Judge.

This cause is before the court on defendant World Transportation's motion to transfer venue to the Southern District of New York pursuant to the forum selection clause of the investors purchase agreement. Plaintiffs oppose the motion, arguing that they are granted certain rights under federal securities law which may not be waived by agreement. They further assert that the forum selection clause...

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