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LINDNER FUND, INC. v. POLLY PECK INT'L PLC

No. 91 Civ. 6481 (JFK).

143 B.R. 807 (1992)

LINDNER FUND, INC., et al., Plaintiffs, v. POLLY PECK INT'L PLC, et al., Defendants.

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

July 8, 1992.

Attorney(s) appearing for the Case

Bader and Bader, White Plains, N.Y. (I. Walton Bader, of counsel), for plaintiffs.

Latham & Watkins, New York City (Frederic J. Zepp, Selvyn Seidel, Robert J. Rosenberg, of counsel), for Polly Peck Int'l PLC.

OPINION AND ORDER

KEENAN, District Judge:

INTRODUCTION

Before the Court is the motion of Defendant Polly Peck International PLC ("Polly Peck") to dismiss, Fed.R.Civ.P. 12(b), or alternatively to stay the action. For the reasons that follow, Defendant's motion to dismiss is granted.1

BACKGROUND

Polly Peck is a publicly held, multinational conglomerate organized under the laws of the United Kingdom ...

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