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COHEN v. McALLISTER

Civ. A. No. 87-90 Erie.

673 F.Supp. 733 (1987)

Edward COHEN, Alfred Cohen, Michael Cohen, the Estate of Judson Cohen, the Estate of Arthur Shapiro, Helen Shapiro, William Russell Shapiro, Alice Russell Shapiro, David Robbins and Lucille Robbins, Individually and as Limited Partners of certain California Limited Partnerships, Plaintiffs, v. Bruce McALLISTER and BMI Energy, Ltd., Individually and as General Partners of BMI/Washington 1980-II, BMI/Martha 1980-III, BMI/George 1981-I and BMI/Adams 1981-II, California Limited Partnerships, Defendants.

United States District Court, W.D. Pennsylvania.

November 12, 1987.

Attorney(s) appearing for the Case

Andrew J. Conner, Dunn & Conner, Erie, Pa. (Hodgson Russ Andrews Woods & Goodyear, of counsel, Buffalo, N.Y.), for plaintiffs.

Gilmur R. Murray, San Francisco, Cal., John G. Gent, Erie, Pa., Ralph L. Halpern, Buffalo, N.Y., for defendants.

MEMORANDUM OPINION

MENCER, District Judge.

I. Background

This suit concerns alleged misrepresentations made to the plaintiffs regarding the purchase of limited partnership interests in partnerships formed to explore for and develop oil and gas properties in Erie and Crawford counties. The plaintiffs allege that they first discussed investment in these partnerships, sponsored by defendants Bruce McAllister and BMI Energy, Ltd. ["BMI Energy"], in...

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