TURNER HOLDINGS, INC. v. HOWARD MILLER CLOCK CO.

No. G84-222 CA1.

657 F.Supp. 1370 (1987)

TURNER HOLDINGS, INC., Plaintiff, v. HOWARD MILLER CLOCK COMPANY, Defendant.

United States District Court, W.D. Michigan, S.D.

February 24, 1987.


Attorney(s) appearing for the Case

Lisa Klein, Fried, Frank, Harris Shriver & Jacobson, New York City, Miller, Canfiled, Paddock and Stone by Lawrence D. Owen, Richard A. Gaffin, Grand Rapids, Mich., for plaintiff.

Charles B. Manuel Jr., Davis, Markel, Dwyer, & Edwards, New York City, Steven C. Kohl, Landman, Luyendyk, Latimer, Clink & Robb, Muskegon, Mich., for defendant.


OPINION

HILLMAN, Chief Judge.

Plaintiff, Turner Holdings, Inc. ("THI"), a New York investment banking company, entered into a "letter" agreement with defendant Howard Miller Clock Company ("HMCC"), a Michigan furniture manufacturing company, whereby THI agreed that it would "endeavor to locate appropriate candidates for acquisition and to advise you as to the best way to proceed towards one or more completed transactions." This letter agreement dated August...

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