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IN RE IVAN F. BOESKY SECURITIES LITIGATION

MDL Docket No. 732. No. 89 Civ. 3789 (MP).

848 F.Supp. 1119 (1994)

In re IVAN F. BOESKY SECURITIES LITIGATION. Mark L. GLOSSER, Trustee for Pennsylvania Engineering Corp., Plaintiff, v. Victor POSNER, Defendant.

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

As Amended April 6, 1994.

Attorney(s) appearing for the Case

David Berger, Stanley B. Siegel, Berger & Montague, Philadelphia, PA, for plaintiff Mark L. Glosser.

Jean Reed Haynes, Terrence J. Galligan, Kirkland & Ellis, New York City, for defendant Victor Posner.

OPINION

MILTON POLLACK, Senior District Judge:

Plaintiff, trustee for Pennsylvania Engineering Corporation ("PEC"), a now-bankrupt corporation formerly controlled by defendant Victor Posner ("Posner"), moves for summary judgment of liability of Posner by reason of collateral estoppel arising from the judgment rendered by this Court in S.E.C. v. Drexel Burnham Lambert, 837 F.Supp. 587 (S.D.N.Y.1993) (hereinafter...

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