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MILTLAND RALEIGH-DURHAM v. MYERS

No. 89 Civ. 1530 (CBM).

840 F.Supp. 235 (1993)

MILTLAND RALEIGH-DURHAM, Miltland Sacramento and Miltland Chicago-Santa Fe, Plaintiffs, v. Michael H. MYERS, Myers Miltland Raleigh-Durham Limited Partnership, Myers Miltland Sacramento Limited Partnership, Chicago-Santa Fe Partnership and Myers Financial Group, Defendants.

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

October 25, 1993.

Attorney(s) appearing for the Case

Sutherland, Asbill & Brennan, New York City, for plaintiffs (Michael J. Levin, of counsel).

Merkin & Hemme, LaJolla, CA, for defendants (Donald Merkin, of counsel).

OPINION

MOTLEY, District Judge.

BACKGROUND.

Plaintiffs, Miltland Raleigh-Durham, Miltland Sacramento and Miltland Chicago-Santa Fe, asserted claims against defendants Michael Myers and Myers Financial Group (the "Myers Defendants"), and asserted derivative claims against the Myers Defendants on behalf of defendants Myers Miltland Raleigh-Durham Limited Partnership, Myers Miltland Sacramento Limited...

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