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BAUSCH v. PHILATELIC LEASING, LTD.

Civ. No. PN-88-242.

728 F.Supp. 1201 (1989)

John W. BAUSCH, Sr., et al. v. PHILATELIC LEASING, LTD., et al.

United States District Court, D. Maryland.

As Revised January 17, 1990.

Attorney(s) appearing for the Case

Loren W. Hershey, James L. Quarles, III, Jude Curtis, Hale and Dorr, Washington, D.C., for plaintiffs.

Ronald Rubin, Washington, D.C., and Elliot Silverman, Gold & Wachtel, New York City, for defendants Philatelic Leasing, Ltd., Hambrose Stamps, Ltd., M & J Holding Corp., Melvin Hersch, and Herman Finesod and E. Joseph McConnell, Inc.

Elaine Metlin, Dickstein, Shapiro & Morin, Washington, D.C., for defendant Friedman & Shaftan, P.C.

John T. Coyne, Geoffrey T. Hervey, Jordan, Coyne, Savits & Lopata, Baltimore, Md., for defendant Trager, Glass & Co.

Philip J. Reilly, Foxboro, Mass., for defendants Donald Palazzo, Westminster Stamp Gallery, Ltd. and Dell Philatelic Consultants, Ltd.

Hugh Goldberg, New York City, for defendants Hugh Goldberg, Subway Stamp Shop, Inc. and Intern. Collectors Guild, Ltd.

REVISED OPINION AND ORDER

NIEMEYER, District Judge.

This action arises from plaintiffs' complaint that a tax shelter based on the sale of printing plates for stamps was misrepresented. The Court is presented with a multiplicity of motions by various defendants to dismiss the complaint based on the alleged absence of jurisdiction, applicable statutes of limitations, the failure to state causes of action, and related grounds. The Court will grant some of the...

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