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ALLIED INV. CORP. v. KPMG PEAT MARWICK

Civ. No. CV-92-0057-B.

872 F.Supp. 1076 (1995)

ALLIED INVESTMENT CORPORATION, Allied Venture Partnership, Allied Technology Partnership, Allied Capital Advisors, Inc., and Allied Investment Corporation II, Plaintiffs, v. KPMG PEAT MARWICK, Thomas E. Dailey, George Lambert, Jon C. Madonna, Defendants.

United States District Court, D. Maine.

January 23, 1995.

Attorney(s) appearing for the Case

Ronald R. Massumi, Washington, DC, Harrison L. Richardson, Richardson & Troubh, Portland, ME, for plaintiffs.

Alan C. Geolot, Sidley & Austin, Washington, DC, Gerald F. Petruccelli, Petruccelli & Martin, Portland, ME, for defendants.

ORDER AND MEMORANDUM OF DECISION

BRODY, District Judge.

In 1989, Consolidated Auto Recyclers ("CAR") was a potential target for an investment group comprised of Plaintiffs Allied Investment Corporation, Allied Venture Partnership, Allied Technology Partnership, Allied Capital Advisers, Inc., and Allied Investment Corporation II (collectively referred to as "Allied"). While considering whether to invest in CAR...

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