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NORTHWESTERN NAT. INS. v. ALBERTS

No. 88 Civ. 3452 (RWS).

741 F.Supp. 424 (1990)

NORTHWESTERN NATIONAL INSURANCE COMPANY OF MILWAUKEE, WISCONSIN, Plaintiff, v. Michael J. ALBERTS, James R. Alberts, Cassandra M. Sheehan, Raymond Cosgrove, Penelope A. Boyle, John C. Maucere, Jerry Silva, Michael L. Metheny, H.U.A. Resources, Inc., Alton Jones, Arthur Lawson, John L. Muller, Michael J. O'Connell, Randolph K. Pace, Southern Companies, Inc., Michael J. McCann, William Curran, James M. McCabe, Harold A. Thau, Patrick J. Rooney, Van Allen Capital Corp., and Robert T. Norton, Defendants.

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

As Amended June 26, 1990.

Motion for Vacutur and Reconsideration August 29, 1990.

Attorney(s) appearing for the Case

Hart & Hume, New York City (Benjamin D. Lentz, of counsel), for plaintiff.

Irwin and Post, New York City (Frederick B. Polak, of counsel), for defendants Robert Norton, James McCabe, Raymond Cosgrove, William Curran and John Muller.

Jerome R. Halperin, New York City (Guy S. Halperin, of counsel), for defendants Jerry Silva and Michael McCann.

Baer Marks & Upham, New York City (Eugene R. Scheiman, of counsel), for defendant Randolph K. Pace.

SWEET, District Judge.

Plaintiff, Northwestern National Insurance Company of Milwaukee, Wisconsin ("Northwestern") has moved for leave to amend its complaint pursuant to Federal Rule of Civil Procedure 15(a) and for a preliminary injunction pursuant to Federal Rule of Civil Procedure 65(a) on the basis of an amended complaint asserting the grounds of equitable, common law and contractual surety rights of exoneration and quia timet. Defendants Raymond Cosgrove...

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