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SUMMIT NAT. LIFE INS. CO. v. CARGILL, INC.

Civ. A. No. 89-8574.

807 F.Supp. 363 (1992)

SUMMIT NATIONAL LIFE INS. CO. v. CARGILL, INC.

United States District Court, E.D. Pennsylvania.

April 20, 1992.

Attorney(s) appearing for the Case

Joseph M. Donley, Kittredge, Donley, Elson, Fullem & Embick, Philadelphia, PA, for plaintiff.

Edward J. Pluimer, Dorsey & Whitney, Minneapolis, MN, Mitchell S. Pinsly, Margolis, Edelstein, Scherlis, Sarowitz & Kraemer, Philadelphia, PA, for defendant.

MEMORANDUM

O'NEILL, District Judge.

I. INTRODUCTION

This is a diversity action. Defendant Cargill, formerly the sole shareholder of plaintiff Summit, sold all of the issued and outstanding stock of Summit to SNL (formerly Virick Limited II) in 1988. Summit brought this action against defendant alleging the breach of a Tax Allocation Agreement that had been entered into by Summit and Cargill on or about...

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