INTERN. CABLETEL INC. v. LE GROUPE VIDEOTRON LTEE

No. 96 Civ.9558 (SS).

978 F.Supp. 483 (1997)

INTERNATIONAL CABLETEL INCORPORATED, Plaintiff, v. LE GROUPE VIDEOTRON LTEE, Cable Road Investments Limited, Defendants.

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

September 19, 1997.


Attorney(s) appearing for the Case

Philip R. Forlenza, Joel A. Kirsch, Patterson, Belknap, Webb & Tyler, New York, NY, for plaintiff.

Celia Goldwag Barenholtz, Elizabeth B. Daniel, Hang C. Lee, Kronish, Lieb, Weiner & Hellman, New York, NY, for defendants.


OPINION AND ORDER

SOTOMAYOR, District Judge.

Plaintiff International CableTel Inc. ("CableTel") brings this action complaining that defendant Cable Road investments Limited ("CRIL") entered into a fraudulent scheme in an effort to sell its majority interest in Videotron Holdings Plc ("Videotron"). According to the Complaint, CRIL lured CableTel into negotiating for the purchase of its interest in Videotron by falsely assuring CableTel — both...

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