WAL-MART STORES, INC. v. CRIST

Civ. No. 85-5036.

664 F.Supp. 1242 (1987)

WAL-MART STORES, INC., Plaintiff, v. Lewis R. CRIST, Receiver for Transit Casualty Company in Receivership, Defendant. WAL-MART STORES, INC., Third-Party Plaintiff on Counterclaim, v. ALEXANDER & ALEXANDER, INC., Third-Party Defendant on Counterclaim.

United States District Court, W.D. Arkansas, Fayetteville Division.

July 6, 1987.


Attorney(s) appearing for the Case

Stuart Cotton, Rein, Mound & Cotton, New York City, Robert Robinson, Hatfield, Robinson, Hodges, Marshall, Jordan & Shively, Little Rock, Ark., and Robert R. Rhoads, Asst. General Counsel, Bentonville, Ark., for Wal-Mart Stores, Inc.

W.H. Sutton and C. Tab Turner, Friday, Eldredge & Clark, Little Rock, Ark., for Lewis R. Crist.

Philip J. Walsh, Wilson, Elser, Edlman & Dicker, New York City, and Patrick J. Goss, Wright, Lindsey & Jennings, Little Rock, Ark., for Alexander & Alexander, Inc.


MEMORANDUM OPINION

H. FRANKLIN WATERS, Chief Judge.

I. The Litigation

This is exceptionally complex litigation between Wal-Mart Stores, Inc., one of the largest retail concerns in the country, and the Receiver of an insolvent insurance carrier, Transit Casualty Company, which wrote workers' compensation insurance covering Wal-Mart's employees in eighteen states in which Wal-Mart then had facilities.

The litigation started as a declaratory...

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