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ECODYNE CORP. v. GUTHRIE NORTH AMERICA, INC.

No. 88 C 2647.

716 F.Supp. 1132 (1989)

ECODYNE CORPORATION, Plaintiff, v. GUTHRIE NORTH AMERICA, INC., Defendant.

United States District Court, N.D. Illinois, E.D.

August 10, 1989.

Attorney(s) appearing for the Case

Roger L. Longtin, Monica L. Thompson, Keck, Mahin & Cate, Chicago, Ill., for plaintiff.

John J. Cassidy, Jr., Edward A. Cohen, Susan G. Feingold, Vedder, Price, Kaufman & Kammholz, Chicago, Ill., for defendant.

ORDER

BUA, District Judge.

Plaintiff Ecodyne Corporation ("Ecodyne") filed the instant action claiming that defendant Guthrie North America, Inc. ("Guthrie") defrauded Ecodyne in connection with a securities transaction. Ecodyne complains that Guthrie failed to disclose certain material facts in connection with Ecodyne's purchase of all the stock of Guthrie's former wholly-owned subsidiary, Water Refining Co., Inc. ("WRC"). Specifically, Ecodyne claims that...

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