MUTUAL BEN. LIFE INS. CO. v. ZIMMERMAN

Civ. A. No. 91-1945.

787 F.Supp. 71 (1992)

MUTUAL BENEFIT LIFE INSURANCE COMPANY, Beneficial Life Insurance Company, General American Life Insurance Company, Manufacturers Life Insurance Company (USA), New York Life Insurance Company, Oxford Life Insurance Company and Stanford Insurance Company, Plaintiffs, v. George G. ZIMMERMAN, George G. Zimmerman & Company, Inc., William J. Flynn, Wm. J. Flynn Associates, Inc., Paul J. Bargnesi, Samuel C. Corey, and Consultants & Administrators, Inc., Defendants.

United States District Court, D. New Jersey.

February 13, 1992.


Attorney(s) appearing for the Case

John J. Sheehy, Kenneth L. Miller, Rogers & Wells, New York City, and Marc S. Friedman, Lindsay Taylor, Friedman Siegelbaum, Roseland, N.J., for All American Life Ins. Co.

Gerald A. Liloia, Peter C. Harvey, Riker, Danzig, Scherer, Hyland & Perretti, Morristown, N.J., for George G. Zimmerman & Co., Inc., George G. Zimmerman and Hartford Line Slip, Inc., formerly known as Zimmerman Line Slip, Inc.

Hugh P. Francis, Francis & Berry, Morristown, N.J., for William P. Flynn and William J. Flynn & Associates, Inc.

Mark F. Hughes, Jr., Robinson, St. John & Wayne, Newark, N.J., for Consultants & Administrators, Inc., Samuel C. Corey and Paul J. Bargnesi.

Richard K. Willard, Richard H. Porter, John F. Kostyack, Steptoe & Johnson, Washington, D.C., and Robert E. Bartkus, Pinto, Rodgers & Kopf, Morristown, N.J., for Mutual Benefit Life Ins. Co., Beneficial Life Ins. Co., General American Life Ins. Co., Manufacturers Life Ins. Co. (USA), New York Life Ins. Co., Oxford Life Ins. Co., and Standard Ins. Co.

Michael E. Donovan, Sills Cummis Zuckerman Radin Tischman Epstein & Gross, P.A., Newark, N.J., for Integrated Resources Life Ins. Co.

Richard M. Eittreim, McCarter & English, Newark, N.J., for Provident Mut. Ins. Co. of Philadelphia.

Reid Evers, Transamerica Occidental Life Ins. Co., Los Angeles, Cal., and Donald Horowitz, Hackensack, N.J., for Transamerica Occidental Life Ins. Co.

Robert A. Knuti, Lord, Bissel & Brook, Chicago, Ill., and William B. McGuire, Tompkins, McGuire & Wachenfeld, Newark, N.J., for Security Benefit Life Ins. Co.

R. Dennis Wright, Hillix, Brewer Law Firm, Kansas City, Mo., and Daniel D. Caldwell, Wolff & Samson, P.A., Roseland, N.J., for Businessmen's Assur. Co. of America.


OPINION

LECHNER, District Judge.

Currently before the court is the motion of defendant George G. Zimmerman & Company, Inc. ("Zimmerman & Co."), Zimmerman Line Slip, Inc. ("ZLS") and George G. Zimmerman ("Zimmerman") (collectively, the "Movants") for (i) reconsideration and clarification (the "Motion for Reconsideration") of the letter-opinion and order, filed 8 January 1992 (the "8 January 1992 Opinion...

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