SOUTHMARK PRIME PLUS, L.P. v. FALZONE

Civ. A. No. 91-127-JLL.

776 F.Supp. 888 (1991)

SOUTHMARK PRIME PLUS, L.P., a Delaware Limited Partnership; Southmark Equity Partners III, Ltd., a California Limited Partnership; Southmark Investment Group 86, Inc., a Nevada Corporation; and Prime Plus Corp., Inc., a Nevada Corporation, Plaintiffs, v. Leonard F. FALZONE; Buffalo Laborers' Pension Fund; Laborers' International Union of North America, Local # 210; RealCap Company, a Texas General Partnership; Quantum Realty Corp., a Delaware Corporation; Con-Cap Management, L.P., an Illinois Limited Partnership; William R. Arnold; Salvatore J. Caci; Louis P. Ciminelli; John A. Doyle; Peter G. Gerace; Edward D. Herrick; James C. Logan; Terry L. Noebel; Joseph R. Pieri; Robert C. Patterson; and Daniel J. Sansanese, Defendants.

United States District Court, D. Delaware.

October 10, 1991.


Attorney(s) appearing for the Case

Robert K. Payson and Stephen C. Norman of Potter, Anderson & Corroon, Wilmington, Del., and Karen E. Katzman, Phillip A. Geraci, John J.P. Howley, and Jill K. Israelof of Kaye, Scholer, Fierman, Hays & Handler, New York City, of counsel, for plaintiffs.

Richard R. Wier, Jr., Wayne J. Carey, and April Caso Ishak of Prickett, Jones, Elliott, Kristol & Schnee, Wilmington, Del., and Harold J. Boreanaz and Robert L. Boreanaz of Boreanaz, Carra, Boreanaz, Buffalo, N.Y., of counsel, for Pension Fund defendants.

Perry F. Goldlust of Heiman, Aber & Goldlust, Wilmington, Del., and Richard Lipsitz and William M. Feigenbaum of Lipsitz, Green, Fahringer, Roll, Salisbury & Cambria, Buffalo, N.Y., of counsel, for Local # 210 defendants.

Steven J. Rothschild, Matthew F. Boyer and Karen L. Valihura of Skadden, Arps, Slate, Meagher & Flom, Wilmington, Del., and David S. Steuer of Wilson, Sonsini, Goodrich & Rosati, Palo Alto, Cal., of counsel, for RealCap defendants.


OPINION

LATCHUM, Senior District Judge.

This is an action brought by two real estate limited partnerships and their managing general partners against a host of defendants, alleging violations of the federal securities laws and the Racketeer Influenced and Corrupt Organizations Act ("RICO"), arising from a threatened proxy contest. This is not the first suit between the parties, and possibly not the last. The facts of this case are involved and will be addressed...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases