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IN RE PHAR-MOR, INC. SECURITIES LITIGATION

Civil Action Nos. 92-1938, 94-0273. MDL No. 959. Master File No. Misc. 93-96.

164 B.R. 903 (1994)

In re PHAR-MOR, INC. SECURITIES LITIGATION. OFFICIAL UNSECURED CREDITORS' COMMITTEE OF PHAR-MOR, INC., Plaintiff, v. Ivan BOWEN, II, et al.; Giant Eagle of Delaware, Inc., et al.; Sears Roebuck and Co., et al.; the Edward J. DeBartolo Corporation, et al.; Irwin J. Askow, et al.; Richard Rosenbloom and Carol Rosenbloom, et al.; Westinghouse Credit Corporation, et al.; MFS Lifetime Emerging Growth Fund, et al.; T. Rowe Price New Horizons Fund, Inc., et al.; and Does 1 Through 10,000 inclusive, Defendants.

United States District Court, W.D. Pennsylvania.

March 14, 1994.

Attorney(s) appearing for the Case

Abraham Singer, Stuart E. Hertzbert, I. William Cohen and Joel D. Applebaum, Detroit, MI, for plaintiff.

Eric Seiler, Hal Neier, Leonard M. Rosen and Amy R. Wolf, New York City, for defendants.

OPINION

ZIEGLER, Chief Judge.

Pending before the court is the motion of plaintiff, the Official Unsecured Creditors' Committee of Phar-Mor, Inc. (the "Committee"), for a preliminary injunction to stay the civil actions (the "Equity Actions") brought by defendants against Coopers & Lybrand ("Coopers"), Phar-Mor's former auditors, which are part of the consolidated proceedings in In re Phar-Mor, Inc. Securities Litigation, MDL No. 959 (W...

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