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DREXEL BURNHAM LAMBERT GROUP, INC. v. COMMITTEE OF RECEIVERS

Nos. 1545, 1546, Dockets 93-7078, 93-7086.

12 F.3d 317 (1993)

The DREXEL BURNHAM LAMBERT GROUP INC., and Refco, Inc., Plaintiffs-Appellees, v. The COMMITTEE OF RECEIVERS FOR A.W. GALADARI, and The Emirate of Dubai, United Arab Emirates, Defendants-Appellants, and A.W. Galadari, and A.W. Galadari Commodities, a division of A.W. Galadari Holdings (Private) Limited, Defendants.

United States Court of Appeals, Second Circuit.

Decided November 29, 1993.

Attorney(s) appearing for the Case

H. Barry Vasios, New York City (Anjali G. Asnanee, Elizabeth A. Berney, Gilbert, Segall and Young, of counsel), for defendant-appellant The Emirate of Dubai, United Arab Emirates.

Richard W. Reinthaler, New York City (Paul L. Friedman, Dwight A. Healy, White & Case, of counsel), for defendant-appellant The Committee of Receivers for A.W. Galadari.

Edward L. Powers, New York City (Joel L. Dempsey, Richards & O'Neil, New York City, Thomas W. Hill, Jr., West Palm Beach, FL, of counsel), for plaintiff-appellee The Drexel Burnham Lambert Group, Inc.

Marianne Bretton-Granatoor, New York City (Jack Weinberg, Therese M. Doherty, Graubard Mollen Horowitz Pomeranz & Shapiro, of counsel), for plaintiff-appellee Refco, Inc.

Before: LUMBARD, NEWMAN, and MAHONEY, Circuit Judges.

MAHONEY, Circuit Judge:

Defendants-appellants The Committee of Receivers for A.W. Galadari (the "Committee") and The Emirate of Dubai, United Arab Emirates (the "Emirate") appeal from an order entered January 19, 1993 in the United States District Court for the Southern District of New York, Constance Baker Motley, Judge, that denied their motions to dismiss the amended and supplemental complaints of plaintiffs-appellees The Drexel Burnham Lambert Group Inc...

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