METROPOLITAN LIFE INS. CO. v. RJR NABISCO, INC.

No. 88 Civ. 8266 (JMW).

716 F.Supp. 1504 (1989)

METROPOLITAN LIFE INSURANCE COMPANY and Jefferson-Pilot Life Insurance Company, Plaintiffs, v. RJR NABISCO, INC. and F. Ross Johnson, Defendants.

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

June 1, 1989.


Attorney(s) appearing for the Case

Philip Howard, Jack P. Levin, C. William Phillips, Howard, Darby & Levin, New York City, for plaintiffs.

Michael Bradley, Scott Tross, Brown & Wood, New York City, for defendant RJR Nabisco.

D. Scott Wise, Davis, Polk & Wardwell, New York City, for defendant F. Ross Johnson.

Kenneth Logan, Michael Lamb, Simpson Thacher & Bartlett, New York City, for KKR.


OPINION AND ORDER

WALKER, District Judge:

I. INTRODUCTION

The corporate parties to this action are among the country's most sophisticated financial institutions, as familiar with the Wall Street investment community and the securities market as American consumers are with the Oreo cookies and Winston cigarettes made by defendant RJR Nabisco, Inc. (sometimes "the company" or "RJR Nabisco"). The present action traces its origins to October...

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