ARDEN WAY ASSOCIATES v. BOESKY

Nos. 87 Civ. 1865 (MP), 87 Civ. 1898 (MP) and 87 Civ. 1892 (MP).

660 F.Supp. 1494 (1987)

ARDEN WAY ASSOCIATES, et al., Plaintiffs, v. Ivan F. BOESKY, et al., Defendants. GUINNESS ENTERPRISES, INC., Plaintiff, v. Ivan F. BOESKY, et al., Defendants. FARNSWORTH AND HASTINGS LIMITED, et al., Plaintiffs, v. Ivan F. BOESKY, et al., Defendants.

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

May 26, 1987.


Attorney(s) appearing for the Case

Cadwalader, Wickersham & Taft, New York City, for plaintiffs Arden Way Associates, et al.; George D. Reycraft, Richard J. Wiener, Pamela R. Chepiga, of counsel.

Arnold & Porter, Washington, D.C., for plaintiff Guinness Enterprises, Inc.; Mark H. Stumpf, of counsel.

Devevoise & Plimpton, New York City, for plaintiffs Farnsworth and Hastings Ltd., et al.; Robert J. Geniesse, Eric D. Roiter, Thomas Carroll, Mary Sue Henifin, of counsel.

Wilmer, Cutler & Pickering, Washington, D.C., Hertzog, Calamari & Gleason, New York City, for defendant Ivan F. Boesky; Bruce E. Coolidge, Washington, D.C., Peter E. Calamari, New York City, of counsel.

Parker Chapin Flattau & Klimpl, New York City, for defendant Oppenheim, Appel, Dixon & Co.; Marvin G. Pickholz, of counsel.

Choate Hall & Stewart, Boston, Mass., for defendant Ivan F. Boesky & Co., L.P.; Mitchell H. Kaplan, of counsel.

Cahill Gordon & Reindel, New York City, for defendant Drexel Burnham Lambert Inc.; Mathias E. Mone, of counsel.


OPINION

MILTON POLLACK, Senior District Judge.

The defendant, Ivan F. Boesky, has moved for entry of an order severing the claims against him in these civil suits and staying the severed claims. He asserts that severance is sought so that the claims against other defendants may proceed. He suggests as an alternative that the cases be stayed in their entirety.

The plaintiffs are limited partners in Ivan F. Boesky & Co., L.P. (the "partnership...

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