HARRIS v. UNION ELEC. CO.

Nos. 87-1966, 87-2044.

846 F.2d 482 (1988)

Harold HARRIS, Continental Casualty Company, and National Fire Insurance Company of Hartford, Individually and as Representatives of All Holders of Union Electric Co., First Mortgage Bonds, 10 1/2%, Series Due 2005, As of April 11, 1978, Appellants, v. UNION ELECTRIC COMPANY, Appellee.

United States Court of Appeals, Eighth Circuit.

Decided May 9, 1988.

Rehearing Denied June 2, 1988.


Attorney(s) appearing for the Case

David L. Campbell, St. Louis, Mo., for appellants.

Francis X. Duda, St. Louis, Mo., for appellee.

Before FAGG and BEAM, Circuit Judges, and FLOYD R. GIBSON, Senior Circuit Judge.


FLOYD R. GIBSON, Senior Circuit Judge.

Plaintiffs appeal from an order of the district court granting Union Electric Company's (UE) Rule 60(b) motion for $300,000 credit against the $2,716,240 judgment entered against Union in this securities fraud case. On appeal plaintiffs argue that the district court lacked jurisdiction to grant UE's motion and, in the alternative, that provided jurisdiction exists, the district court abused its discretion when it granted the...

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