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WESTINGHOUSE v. 21 INTERN. HOLDINGS

No. 92 Civ. 1430 (JSM).

821 F.Supp. 212 (1993)

WESTINGHOUSE ELECTRIC CORPORATION, Plaintiff, v. `21' INTERNATIONAL HOLDINGS, INC. and `21' International, Inc., Defendants.

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

May 11, 1993.

Attorney(s) appearing for the Case

Dennis J. Block, Stephen A. Radin, Weil Gotshal & Manges, New York City, for Westinghouse Elec. Corp.

Melvyn Leventhal, Meister Leventhal & Slade, New York City, Barry C. Barnett, Susman & Godfrey, L.L.P., Dallas, TX, for `21' Intern. Holdings, Inc. and `21' Intern., Inc.

Robert J. Kopecky, David Stryker, Kirkland & Ellis, Chicago, IL, for Price Waterhouse.

OPINION AND ORDER

MARTIN, District Judge:

Background

On July 26, 1990, plaintiff and counterclaim-defendant Westinghouse Electric Corporation ("Westinghouse") and defendants and counterclaim-plaintiffs `21' International Holdings, Inc. and `21' International, Inc. (collectively, "21 International") entered into an Asset Purchase Agreement (the "APA") under which Westinghouse agreed to purchase...

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